The stock market seems to continue to climb unabated as the market closed very close to 1300 points on the dow jones industrial index. Many have been waiting for the major correction that will signify a slower more reasonable upsurge in the market they are still waiting.

The resiliency of the market even as the United States has been bogged down in war with Iraq and is facing looming conflict with Iran has been amazing. There seem to be a number of reasons for this resiliency. Firstly unemployment across the US is very low, under 5%. This seems to indicate companies are expanding and hiring and making money. This confidence is felt by investors, hence the market upsurge. This is all despite the drop in the Dollar against the currencies of the world. This drop can be seen in a number of ways. Firstly it makes American products more attractive overseas but also shows that Europe is wary of the apparent strength of the American Economy. The dow Jones may not make it to 1300 points now but the bulls seem to be out in force fro the foreseeable future.