Friday, April 10, 2009

Fantasy Assets

Fundamental is still bad. Market is mixed. It could be a possible trend reversal if we fantasize about the value of our assets. Of course this will only work if everyone fantasizes too.

USA Longterm Midterm Shorterm
S&P500 Down Neutral Up
DJI Down Neutral Up
Nasdaq Comp Down Neutral Up
Russell 2000 Down Neutral Up
AMEX Airline Down Neutral (+) Neutral
AMEX Biotech Down Down (-) Down (-)
AMEX Natural Gas Down Neutral Up
AMEX Oil Down Neutral Up
AMEX Security Broker Down Neutral Up
KBW Bank Down Neutral Up
KBW Insurance Down Neutral Up
PHLX Housing Down Neutral Up
PHLX Semiconductor Down Up (+) Up
S&P Retail Neutral (+) Up Up

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