monthly buying spree 3/31-4/3, would be 1st time '08

we've failed the monthly buying spree each time this year, thus confirming the bear...
historically, you make the whole month ave gain those 4 sessions

traditional mcclellan summation is improving, perhaps can get to flat line test
almanc looks good 4/1,2,4

i don't see any rush to buy today ahead of weekend, better to wait and see if any institutions fail and thus get a lower entry monday

FDIC hiring 140 workers, expects 150 banks to fail

still liking the election year chart, lower low in 2Q
http://www.chartofth.../20071228.htm?T

my blog been hot since weird wollie/op-ex played out Kincheloe style,
http://traderinsight...gger/index.html

Interesting point. I've noticed that several posters here are looking for a massive bounce in the traditional 4-day EOM buying window next week. But as you note, in a bear market, one would expect that money managers would want to decrease asset exposure for the bottom line.

Edited by beta, 28 March 2008 - 11:09 AM.

agreed: that period will be VERY interesting. the EOQ and EOY january buying spree was upside down, lol. whoa, there are lots of folks still waaaay underwater from that one. funny how you don't hear CNBC talking about inflows/outflows anymore.

and I suppose some were waiting til the last minute with hopes the bombs would recover some before they sell them, to get their infamous names off their 13Ds...