$5.58, will we do it????

That is all that is left for and all time high in S&P 500, $5.58. You will hear the news talking about 1576 as the all time high, but in my world it all revolves around closing price. I make all my decisions based on the the closing price at the end of the day. So the all time closing price is $1561.80 and today we closed at $1556.22. I think before this market reverses in any form or fashion, that number is going to be reached. So just remember that number, $1561.80, if we close above it in the very near future, that is a record high.