Monday, March 31, 2008

A little rally today, as predicted, but doesn't change anything...

The technical conditions that allowed me to see today's rally last Friday also doesn't give it longevity. There is also a bullish bias to the last day of a month, and sometimes to the first two days of a new month, so we could stall for a day or two here, but the market is still in deep trouble, so I don't think longs will be rewarded....

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