Market Summary

We really hope you took the advice to get flat-This was a fear diver cover rally with a little push from the market-This is the end of the bear market but the average joe lunchbox will not think so for months we have talked about this before but this RIMM earnings have to put things i perspective- I have a blackberry bold-it is an expensive phone a lot of people have them-people are starting to spend- little flickers of hope drive rally's and bad news like growing unemployment is shrugged off. Buy dips and hold even after this rally there is a long way to go back up-the S+P lost 12 years in one -there will be a snap back- it is simple physics. As far as oil now that is a trading vehicle and long term you know we are going to see some lofty prices but short term we trade. If this is a non-event and the market doesn't explode for some other reason technically we are close to a resistance point all bets are off until we decipher this event and we will keep our eyes open for other news -check in before Sunday night Globex action we will have a clearer picture and probably take a position again at that time




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