S&P 500 Climbs to Four-Year High as ECB Details Bond Plan – Bloomberg 09-06-12

Salient to Investors:

S&P 500 Index at highest since 2008. The Dow at highest since December 2007.

Dan Veru at Palisade Capital Management said we are peeling away the uncertainties little by little, and Draghi is serious about putting Europe on a positive path.

David Pearl at Epoch Investment Partners said the U.S. data is moving positively and we’re in a recovery.

Laszlo Birinyi sees a lot of buying across the board and so much breadth is a very positive sign – the S&P 500 at 1,500 this year is very achievable.

Randy Frederick at Charles Schwab said there are few participants who believe downside protection in any great magnitude is needed right now.

Read the ful article at http://www.bloomberg.com/news/2012-09-06/u-s-stock-futures-rise-on-ecb-bond-buying-speculation.html