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To: patron_anejo_por_favor who wrote (199116)	4/30/2009 10:11:33 AM
From: Think4Yourself	Respond to of 306849

Sell in May and go away does look like it will be the best strategy this year. I have never had this much cash in the accounts. There is a lot of OPM there and, given the current economic conditions and media BS, I don't care to lose it

To: patron_anejo_por_favor who wrote (199116)	4/30/2009 10:30:41 AM
From: ajtj99	Respond to of 306849

I'm looking for a high on May 6 or May 11. 918 SPX and 8600 Dow are the sweet spots. NDX can do whatever it wants, possibly up to 1470.

To: patron_anejo_por_favor who wrote (199116)	4/30/2009 10:38:54 AM
From: DebtBomb	Respond to of 306849

5 Essential Swine Flu Survival Tips The Vice President said today to avoid subways and other confined spaces to avoid the swine flu outbreak sweeping the nation. And yesterday, the first U.S. swine flu death - a toddler - and the decision by health officials to ratchet up their global alert level to just below a full-on pandemic came as a jolt to the system. news.yahoo.com

To: patron_anejo_por_favor who wrote (199116)	4/30/2009 11:29:19 AM
From: Perspective	Read Replies (3) \| Respond to of 306849

Man, am I ever confused. I can't understand how we're supposedly having this rip-roaring recovery, and yet the sectors that are notably absent from the market rally are the energies. How in the world can we be having a recovery with the energies lagging? I thought that the energies would be the very first to signal turnaround. Perhaps energy prices just became too dependent on hedge funds? In a great many places, we've been bouncing for six months now. It's as if stocks are pricing in a return to "the way we were". I just don't get it. We can never return to "the way we were", can we? Aggregate demand was largely dependent upon borrowed money, money that isn't being lent now. Sure Q1 bounced - we had pent-up activity from Q408. But conditions for the consumer are only recently deteriorating. Up until now, I thought it was largely short-covering - the stocks bouncing the hardest were those down the most and shorted the most. But as I peruse more and more short interest data, it really doesn't appear that there is much net short covering taking place. I think we're nearing the time to be short - insider sales are off the chart, CNBC is ravidly bullish, put-call is at multi-year lows (and has been falling for six months now), distribution is evident in lots of places, and the seasonality is about to turn negative, but the technical activity isn't panning out. Choppy, terminal moves aren't terminating, but continuing to extend. The market just grinds higher. Trash that has quadrupled continues to soar. Companies that rushed to slash costs are reporting profits that are sometimes all-time records. Can this really be true in the face of a generational credit crunch? If it's real, why isn't it showing up in the energies? Is it just that energy was the only sector without short interest? Maybe I need a break... BC

To: patron_anejo_por_favor who wrote (199116)	4/30/2009 11:33:47 AM
From: Perspective	Read Replies (2) \| Respond to of 306849

If you would have told me in November 2007 that ACF would be at the same level 18 months later, after the credit bubble had burst, unemployment was aiming for 10%, and delinquencies were soaring, I'd have told you to get your head checked. UFB. What a difference two months can make... EDIT: I'm hoping it's something akin to the 2001 experience: This is one that has been a core position for me. When it finally broke apart for real in the last recession, it went down and STAYED down for months. No "V" bottom. I suspect it will do the same at some point, but managing the pain in the mean time is a beeeatch. BC