Too many Bears

Here we are on April 10, 5 days before US Tax payday and the mkts are taking a pounding as GE's earnings have sapped any mkt momentum. The weak handed bulls are being forced out while the Mutual Fund crowd is no doubt receiving redemption notices form their unit holders as they raise capital to pay their taxes (or mtgs). This could be another test of the lows and it will be interesting to see if the lows hold. Not sure if the will-Timw will tell (twt)