The mini-rally.

Where's the epicentre?
Mark-to-market accounting rules, the long-despised bogeyman keeping banks' toxic assets from being sold, were altered substantially, kickstarting the Wall Street rally.
The Group of 20 world economic summit yielded a $20 billion pledge to resuscitate the global economy.
Auto sales numbers, while still dauntingly low, beat expectations and analysts foresee more lending to get the sales pace accelerated.
Add some stabilizing in housing numbers and improvement in investor sentiment to the mix and you had both technicians and analysts of fundamentals cheering on the surge that has welcomed in the second quarter.
Tracking the Dow on Friday,03/04/09 (10 market days to Dow Expiry)
9:30am:--An opening bearish doji.

Upper shadow shorter than bottom.The play for today.

Unemployment zoomed to 8.5 percent last month, the highest in a quarter-century, as employers axed 663,000 more workers and pushed the nation's jobless ranks past 13 million.

10:30am:--Lower shadow penetrated & below.

Fed Chairman Ben Bernanke said the central bank will do everything it can to stabilize banks.

11:30am:--Inverted bullish hammer from low.

Financial stocks rose after Bernanke, the Federal Reserve chairman, said the Fed will use "all of its tools" to stabilize markets.

12:30noon:--The usual noon session slowdown to around MAV level.

It's hoovering in the bull county with a graveyard doji looking for pullback.

1:30pm:--The bullish harami.

Report from the Institute for Supply Management showed the U.S. services sector shrank for the sixth straight month in March as recession-weary consumers tightened their belts.

2:30pm:--The shooting star.

Strong movers:-Magna International Inc., up $4.48 at $33.70

-Kimco Realty Corp., up $1.91 at $9.40

-Dow Chemical Co., up $1.06 at $11

3:30pm:--Pullback to MAV with a dragonfly doji.

4:00pm:--Artificially spike up top close positive.

Financial stocks were the last minute Benarnke's tool in this spike.
Research in Motion (RIMM) posted robust fourth-quarter results and lifted the tech stocks.
The Hammer,the April Fool Trap.
Despite all the rotten economic figures,the indicies still climb which by right be reflective of a pullback.

As the first quarter earnings season begins, a debate rages over whether stocks will be able to rally on or instead roll over on weak corporate profits and dismal economic news.
In the coming week, first quarter earnings kicks off with a report form Alcoa [AA 8.17 -0.01 (-0.12%) ] on Tuesday. A handful of other reports are due during the week, including Bed, Bath and Beyond [BBBY 27.60 0.95 (+3.56%) ]Tuesday, and Constellation Brands [STZ 12.20 0.02 (+0.16%) ]and Family Dollar [FDO 31.90 -0.23 (-0.72%) ]Wednesday. Chevron [CVX 70.48 0.17 (+0.24%) ]gives an interim update on Thursday.