The short term summation index still lags the most recent peak. This is only a correlation with the Dow.
As for the oh, so, terrifying fiscal cliff, only politicians could claim doing more of the same (printing and spending instead of taxing and spending) is a solution. I'm glad that they lived up their chance to be in the limelight and feel important be wasting two weeks to do what anyone with a brain expected them to do...kick the can.
Ron Paul is still right. More deficit spending, more erosion of civil liberties.