Thursday, March 25, 2010

WINDOW DRESSING

Rates still trapped and forming a RIGHT SHOULDER, a breakout from the box I show here COULD have a nasty effect on the markets.
Here comes the END to the quarter, so with big gains in place most MM's will not have much desire to sell off their winners going into WED of next week. This would play out as a low volatility period.


BIG HEADS continue to talk of the "strong recovery" and for now that' all Greek to me, but that is the reality presented and the previous highs not so far away.

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