A Valentine Day Booster.

A slight increase in January retail sales figures provided another positive momentum on Wall Street sending Ms Dow and Mr Jones to a merrier Valentine Day special.

Adding to the romantic party was President Bush who on Wednesday signed a multibillion-dollar economic rescue package that means $300 to $1,200 rebates for many American households.
The main Valentine Day's menu on the desk will be Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson who are due to testify before the Senate Banking Committee starting at 10:00 a.m. ET Wednesday. The December trade balance and the weekly jobless claims report are expected before the start of trading.
The master of ceremony should be providing some soothing commentary and convincing enough to usher in this leap year a scenerio of economic confidence as the mild recession is over and proceeding to a slight slowdown.The Dow Index is reflective of the economy has bottomed out.All the negative news and downgrades by the analysts and investment houses have now sidelined and they are the ones willing to destroy the party so that they can consume all the leftovers which are rich in contents.The days of instilling a draconian fears is over.The contagion diseases is now on the road to recovery.
Tracking the Dow on Wednesday,13/02/08.


A surprisingly strong January retail sales report fired up the broad stock market Wednesday, soothing worries about a slowdown in consumer spending, which fuels about two-thirds of economic activity.It's a strong and powerful recovery of the Dow covering back the previous week 370 points free fall.The balance sheet is now healthy.
The final bell saw a spinning bottom pairing together looks like a morning star.The index has passed the Bear resistance and the next ultimate target will be the Main Pivot.

Monday:Hammering the end of downtrend
Tuesday:A gap-up breakaway bullish inverted hammer.
Wednesday:A long new Valentine Day Candlestick.Candle enlighten the lives of all mankind.
The market:an uptrend.