DEVIL IN THE DETAILS

Factory orders up 1.8 percent in February- AP
Consumer loan delinquencies rise in 4th quarter- AP
Rite Aid 4Q loss almost doubles due to large writedown- AP
World markets surge as US data boost recovery hope

PRIOR FACT ORDERS REVISED DOWN FROM -1.9 to -3.5 that’s puts the AMAZING 1.8% “surprise” in perspective.

World markets are SURGING......huge bear mkt rally continues..approaching 90% plus up volume, so it is what it is.....the road back down when begins will be sickly.....

I will be out of town til next Wed, all take care......bounce from lows WAS worth playing though with tight stops...... I willl reasess position when I return

Of note is the UYG (long financials) not rallied above 50 EMA yet today....and BDI (baltic dry index) has turned DOWN again, shows NO p/U to speak of or nor does it hint it even has a Sharks sense of smell of a new bull or otherwise.

Duratek