Oi vey! This rally is lifting every oscillator nicely. Them bears are watching (remember? Bulls run before they look and Bears look before they run?). The rallies on the US markets are kneejerk IMHO and that only because Vikram Pandit says he doesn't think Citi is in trouble? Hello? Though I must say that them bones spoke to me this morning and I closed all me shorts, and I'll hibernate till them bones speak agin, which I be thinkin will be soon. I don't think the big funds are seriously buying as DOW volume, so far, is less than half of what the sell-off was on 27 Feb. Step oh so softly little grasshoppers as this be a dead kitty methinks, and it could go for a bit. DOW TRAN at +6% is just not pukka in a business environment that has cut corporate travel by 60%. The pro's are jest a settin on their's porches waitin for them mozzies to fly into the zapper. Step back and look at the daily, weekly and monthly charts for the DOW, SnP and TRAN and you'll see whot I mean. BIG SETUP! (If Chartist was here, I think he'd agree... John? what you think?)