“Ladies and gentlemen, we interrupt our program of dance music to bring you a special bulletin…” (From the original War of the Worlds transcript). As I was drifting off to sleep during Bernanke’s testimony, I started to daydream about some news items that would get this market moving higher.

**Israel ends it barrage of Lebanon - Syria and Iran do not get directly involved.
**A coalition of UN members assigns peacekeepers in the southern Lebanese border.
**North Korea reenters six-party talks hosted by China.
**Oil declines into the $60’s.
**Fed actually pauses on August 8th.
**Earnings season doesn’t go poorly (note I don’t expect it to go great.)

Back to the current world…. I know there are times that the above wishlist seems so far away, but those are items that I believe are possible. AND more importantly, I think we could see some or all of them within the next 3 weeks. At least I hope so because reversing each of the items I mentioned to a negative scenario and this market will get very painful.