3 APR 2011, Sunday

• Market still up above MA's.  Getting a bit stretched short term.  Check the charts in the side bar.
• Above...just for grins...seasonality for month of April.  Looks like a good one.
• And, in the spirit of the non-existent "one-handed economist" that Harry Truman wanted...
• Below...is the market overvalued?
• You can read the whole article from dshort.com here.
• Way below...But it can always keep going up for awhile...especially with propping by the Federal Reserve via QE as we've seen.  Who knows when that stops?  But can't help what wonder what happens to the stock market when it does end (MAY 2010?).