Replies to post #144315 on ajtj99's Market Pulse

[challo]

aj,

remember my last post?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36773894

I think obama is hinting to sell around the end of april-

The source said officials are aiming to release them [stress test results] in some form at the end of April after the first-quarter bank earnings season is over, and are trying to be sensitive to financial market reaction.

http://news.yahoo.com/s/nm/20090410/ts_nm/us_financial_banks_obama_4


perhaps he wants people to take their earnings from his market rally and use the proceeds to refinance -

http://news.yahoo.com/s/ap/20090410/ap_on_go_pr_wh/obama_housing

[MetalFillBoy]

Hello AJ!

SPX 875 is a paltry 2% higher, and from your comments, you feel that this is NOT a breakout (I'm anticipating getting very very short if we hit 875 SPX/5520 NYA). I have been looking around to see if there is any other indication that this is a real breakout or not.

The VIX looks like it may have broken down.



On the other hand, bonds do not look like they have broken down. The TNX has not broken up, and the AGG has not broken down. One bond ETF that does look like it has broken up is HYG, High Yield Corporate Bond fund

http://www.minyanville.com/articles/bonds-corporate-LQD-HYG-JNK/index/a/22027/from/yahoo









As many have pointed out, Monday and Tuesday will be telling.

Hope you had a great Easter weekend!