Winter bears gone!

The equity markets end a strong week fueled by earnings, and the Dow breaks through February highs and a key resistance level.Thanks to Google Inc.(The Wild Geese (1978) ) and IBM Corp. (ICBMs =Intercontinental ballistic missiles)providing reassurance in a season dominated by economic concern.The firing of salvo by the two Dow component stocks are enough to pound on the bears back into the woods of The Rocky Mountains of Wyoming
Commodities are all about oil and grains this week.Oil hits a new closing record close of $116.69 on supply threats from Nigeria on Friday, and gas, diesel and natural gas are all at record levels.-Riots are happening around the globe from Haiti to Indonesia, over rice trading at record levels due to bad harvests and record fuel costs. The cost of food will top the U.N. agenda at its meeting in Switzerland later this month.-Rice is up over 70% in 2008. The biggest risk to the global boom presently is that commodity prices might continue to super-spike as panic hoarding spreads from rice to other grains, and even to metals."
The dollar gains against most major currencies on strong US earnings news. The signs of renewed confidence in the US economy and financials could continue to strengthen the dollar next week as earnings season continues.

Tracking the Dow on Friday 18/04/08

9:30am--Google's good news trounched the opening bell with a tremendous Gap-Ups,nearly 180 points.It follows by another smaller platoon of green berets holding the frontline to prevent any enemy backfire.
10:30am--The invisible camouflage,pullback to bunker.It's one hour into trading,having gauge the potential backup of armoury,went in open long position.Plan to hold till closing.
12:30pm--The first victory flag planted.
11:30am--Pullback to new bunker.
1:30pm--The Eagles has landed at Devil's Tower, Wyoming Attractions, America's Attractions
2:30pm--Time for pullback.
3:30pm--Scalper fire pullback.
4:00pm--The watch tower is in place for further action.

Enroute to a new American powerhouse.The USD to JPY has strengthen--103.68 ¥.The inverted Head has now being constructed and the next phase is the inverted left shoulder which should be a muscular biceps and triceps.
The journey for the final lapse of the presidential election campaign arm-twisting will see the jabs and more gap-ups in a heated coming weeks.
So accumulate equity positions at the sight of a pullback.