Zeev, have you considered that double dip may come sooner?? I mean, look at Philly Fed yesterday.
Personally, I find it hard to believe we'll have a spring rally in April, with money already poured into funds lately, (which usually happens near a top), and BP charts are so high, and VIX, VXN so low, CPC low, and oil is popping, mortgage rates popping, talk of DRAM over-supply and prices falling, Nikkei may roll over after mark-to-market propping, dollar might roll over.
If economic reports come in down going forward, I think we'll begin the dipper-roo.
It's going be interesting to see. |
