1 MAR 2010, Monday

1. It's a new month and there are new opportunities out there...the hunt starts again...all over!
2. Regarding "credit contraction" discussed in yesterday's post...here are some charts courtesy of Mish.
3. SP500 gets an up day breaking above both the 90 & 50DMA's.  This thing may be healing itself.  But since very short term it's overbought, I'm in "show me" mode.  Patience is what is called for now unless doing intraday "hit and runs".  Besides...price has basically gone sideways since mid-October.