Yes we are UP 3.65% and going strong! Too strong! All our Asian partners are only up around 1.0-2.0% and running out of steam! IMO we have overdone the bounce just a bit? Europe had their bounce and will open flat!
Tonight what is going to make the yanks go crazy on shares again? The rate cut will be old news by then. Recession talk? Still possible! Morgan Stanley's Q1 report? Hmmm!
If the US only manage 1.5% up tonight then tomorrow we will be down and the shorters will be back - maybe!
I'm taking profits to be on the safe side. Better to wait for some momentum to build up.
after 420 points up whats next, page-2
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