TSG – Optimism riding roughshod through Wall Street?

Dear Trader,

TSG Stock Market Letter
Week Ending April 4, 2008

Topics Discussed This Week:

* Optimism still riding roughshod through Wall Street?
* Leaders head higher
* Q4-07 earnings down and out
* Manufacturing, construction weakness continue
* More sleight of hand in jobs numbers?
* So what’s up with Transports?

It … Dear Trader,

TSG Stock Market Letter
Week Ending April 4, 2008

Topics Discussed This Week:

* Optimism still riding roughshod through Wall Street?
* Leaders head higher
* Q4-07 earnings down and out
* Manufacturing, construction weakness continue
* More sleight of hand in jobs numbers?
* So what’s up with Transports?

It was the end of a challenging quarter and other than a lot of portfolio shuffling, investors made bullish bets based on a drop in crude prices and on hopes that the Fed’s money pump would cure all ills. While stocks were up this week, the S&P500 is down 9.9% since the beginning of the year but it is clear from the bullish bets on financials and homebuilders, that investors are hoping we have hit bottom.

But is this optimism realistic?

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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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Be sure to read our latest SPECIAL REPORT just posted…

The Fed wants us to believe that gross inflation is 2.7%.
But one look at the latest money supply figures tells a
different tale. Are We Being Fed-Winked?
http://tradesystemguru.com/content/blogcategory/47/81/
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