Friday, January 16, 2009

Global: Good News Flow ...

I was wondering yesterday - what, except the short-term oversold technicals, may feed the bulls for "reversal"?

Here's the compilation of possible bull's foodstuff:

1. US: Congress advances emergency economic aid plans
2. Bank of America secures state rescue package
3. Fed balance sheet improving
4. Repos fails down sharply
5. Dublin nationalizes Anglo Irish Bank
6. Ambrose Evans-Pritchard argues Edwards' "terror alert"
7. TED spread below 100 ...

well, well, well ...

815 area for S&P500 remains the "alert call" for final evacuation ...

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