Wednesday, March 11, 2009

Round Two

You know that huge move that we had yesterday with the S&P 500 up over 6%%? You can hardly even see it on that 1-year chart to the left.

The futures are green this morning as it looks as though the bulls will give it another push. There is upside running room for this market but nothing has been fixed so it is probably a bad time to fall in love with stocks again.


Libor as been creeping higher from its recent low on January 8. Could the banks be getting worse again?

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