TSG – Still mired in no-man’s land

Dear Trader,

TSG Stock Market Letter
Week Ending February 22, 2008

Topics Discussed This Week:

* Still mired in no-man’s land
* Leaders continue to surge
* Earnings remain weak
* Two more housing kickers
* Stocks continue to walk the line

It was another lackluster week for stocks but the important takeaway is that key … Dear Trader,

TSG Stock Market Letter
Week Ending February 22, 2008

Topics Discussed This Week:

* Still mired in no-man’s land
* Leaders continue to surge
* Earnings remain weak
* Two more housing kickers
* Stocks continue to walk the line

It was another lackluster week for stocks but the important takeaway is that key support levels for the S&P500, the Dow Industrials and Nasdaq held again for the sixth week. However, the overriding optimism was again evident in a week that saw oil breach $100 again as the Dow rallied more than 200 points in the last 30 minutes of the day on Friday on a rumor that monoline bond insurer Ambac would be getting a much needed bailout.

But the danger for stocks is far from over as Friday’s credit relief rally demonstrated. Investors hopes remain firmly pinned on the success of bailout efforts.

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To read this week’s STOCK letter, please go to
http://tradesystemguru.com/content/blogcategory/34/68/
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To read this week’s INTERMARKET letter, go to
http://tradesystemguru.com/content/blogcategory/35/69/
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