08 April 2009

8 APR 2009, Wednesday


  1. The S&P 500 and Dow are way off their lows. Nonetheless, we've seen big upward swings in this bear market only to see them crushed later on. This rally is one of the biggest yet. But so far, the onus is on the bulls to prove it's real.
    According to The Big Picture blog, the only times we have ever seen the stock market surge close to this much in such a short time frame were:
    December 1929
    June 1931
    August 1932
    May 1933
    July 1938
    September 1982
    Only September 1982 and May 1933 saw the beginnings of new bull markets.
  2. ENERGY INDEPENDENCE FOR US IS POSSIBLE...WHY ISN'T CONGRESS PURSUING THIS??? 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate
  3. VIX Breaks Below 40!!! About flipping time.

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