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Here, we may share some thoughts together and discuss them.
1. If MKT turned up in March ( triggered by C's profit word from its CEO), this MKT's turn around from uptrend needs another catalyst.
Could GDP of Q1 report scheduled on 04/29 be the one ? I kept seeing data being manipulated by MMs.
2. MKT feels not weak, although it does show signs of fatique now. Could it still go for another legs ? (Lots of people are saying now SP500 to go up to 1000)
It looks to me that Wall street works with Washington to get MKT up.
3. MMs are manipulating MKT, it is for sure. but for what purpose ? if it can not pull it higher any longer, why they won't let it go ? ( if they are playing games by
themselves) There must be players there. Who are they ?
4. Could 03/09 is the stock MKT bottom for this recession ?
This rally is a typical bear MKT rally. ( not the bull MKT beginning, It rose to sharply, and voilently)
Then how long will this rally go ? Another 4 weeks ? |
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