Well finally GM will be let go and this has spooked the markets. Good decision but strange why banks are left with bailouts but not a main street company. Equities are set to break their weekly trend line and hence the trend shifts to the down side. Short the spike ups. Bonds will edge higher and forex markets will take their direction from equtities. Risk trade coming back into the Yen. Keep your helments on for the day … ;-)

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1 Response » to “Bluepoint daily market view – March 30, 2009”

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