Week 8 of the rally. It has flattened a bit, but the expected pullback never came:
We see some distribution days in the past two weeks. However the market was not shaken by Swine Flu:
The strength in face of the swine flu makes me want to add to my position. The market wants to go up. This would be a short term trade (weeks, months) just to try to ride the uptrend as long as possible - not a long term investment.
1) Indexes are approaching 200MA:
2) Banks 'stress test' results to be released Thurs (May 7th). Lets see the market's reaction.
10 Sunday Reads
3 hours ago