Saturday, 31 March 2012

Welcome to the Weekend :)

Today was certainly not a bear massacre, however, neither were the bulls damaged. Considering it was end quarter, things seemed kinda quiet.

Dow'30 monthly

The Dow had another good month, not too much..not too little. The pace of uptrend is VERY consistent, and that's why I remain bullish. We pulled back during the month, but still closed higher, and that's a good sign for April.

Will April be rife with Green shoots? We have earnings season real soon, and that could be the catalyst to whack this market another 3-4% higher, enough to open the door to the target sp'1550 by late June/July.

Much more over the weekend. Good wishes