 | Whether it was a dose of spring realism or a one-day break from March Madness, the markets caught wind of the global goings-on.
The other side of the world seems a lot like close to home considering the reckless lending and the rampant spending by our friends in China. It’s not just the United States and Europe that has the printing presses set to high.
The Chinese are trying to artificially grow their economy. Unfortunately, growth based on debt works only if the debts can be repaid. A familiar story indeed, but what’s scarier is that the Chinese don’t do things on a small scale.
Check out the Investment Blogger’s interesting take on the China Slowdown.
Trade well and follow the trend, not the so-called “experts.” Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters.
larrylevin@tradingadvantage.com
Trading Advantage
(888) 755-3846 | 
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Trading Signals from the Electronic (ES) mini-SP 500 - No “Secret” signals filled today.
- Algorithm positions (12)
- “Reading the Tape” positions (0) …combined Secret’s, Algo, & “Reading the Tape” total… +3.75
Click Here to See Yesterday's Detailed Results | ES 1388.75 / 1384.75
POC... 1387.75
YM 13001 / 12969
NQ 2730.00 / 2720.50
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Keep a civil tongue.