Monday, May 4, 2009

4 May Jesus defeated. Bear market is over as declared by national TV.

888 has been surpassed to a high of 897, now hovering below 900 contemplating.

there is the double bottom target for SPX. While Financial do rise, but not as much, the gap up of SPX seems bullish towards eventual 915.

Obama speaking at 11 am ET outlining international tax proposal, i.e. no more offshore tax haven for US companies.
Monies now has no where to hide. Is this another Bush era Homeland repatriation plan ? which led to strong USD in late 2005 ?

Would Wallstreet vote with their 2 feet ?

Now everywhere we see Daffodils.
Seems like all the good news are out.

Bears stay aside. Now CNBC says Banks 1 Trillion in capital reserves, wow!!!!

Tiny Tim (who had problem passing his confirmation with his tax problem) is talking about tax cheats. Obiwan administration is now so pathetic. A bunch of clowns doing PR and smoke screen.

CNBC now declares the Bear market is over

No comments: