April Fools...........maybe in 30-60 days!

No, we are not out of the woods. Yet closing up 390 on the DOW is fantastic!

But if we can make it past the Jobs Report tomorrow, we might be able to sustain a 1-2 month rally before Commodities take center stage again. Loving equities can break your heart while this Market trades in a range or channel.

Don't give up. Over the next 30-60 days we might see(due to the amount of resistance we have around 12,700) a Bear market rally and we start to change momentum. UBS is reporting record breaking write down numbers, while Lehman Brothers floats 4 billion more in stock.

The song keeps playing, and the Market keeps calling it "close to the bottom". The bottom is irrelevant, but perception lives on. As long as people believe the Fed is behind this Market and will not let it fail(and keep the printing press turned on), while they act is if they believe in "hands off", the world will continue to devalue our dollar over the long term. Although, for the last 2 days, the dollar has felt wanted.


The momentum is wild right now, and we look for more higher highs in the next 30-60 days, while the Fed keeps inventing anti-recessionary tools to re-install the enthusiasm and refresh the perception of the Investor that has left the Marketplace.

Good Fortune from Trade Equity!!!