Wednesday, April 30, 2008

April Month End

What a day for price influencing. Month end for the hedge funds, Fed Meeting and Oil inventories. Not sure what games are going to be played, but mkt action is sure to be interesting as the game of bluff continues.

Citibank raising more cash to rebuild the balance sheet. Short positions in US Financials continues to build. Bearish sentiment on Oil continues to build. Bullissh sentiment on the US equity mkt has rebounded to 'normal' levels.

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