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Message: Today's Market - Wednesday

Announcement of financing will continue to be the big deal today, and possibly a few more. Tiger tees off tomorrow, so maybe sp will see some upside into the weeknd and into Monday/Tuesday - if he has a good showing. The financing gives away a bunch of shares on the cheap and sp saw 0.30 for a moment yesterday before consolidating at 0.37. Usually there is a regain of about 60% of the dump (a Fibonacci thing) before consolidation, then sp either returns or continues the dump. May be another day or so of selling before stabilizing. Typically sp goes to the area of the sp noted in an offering, at least for a little bit, so be aware. If this pops right back, it will signal this has a lot of Bulls running the show. If not, could see pain for a while.

Market still in Bull mode. Once Greece is out of the way, should see decent runs. This should continue into April. The adage of, "Sell in May and Go Away," might especially become true this year. When it will happen, on time or earlier or later, should become more clear as we get closer to that time period.

Commodities. Notice how your budget has been hit by rising gasprices, as well as other costs going up? Commodities will benefit also from inflation. Definitely try to have an oiler position (not a wild-catter), but stay diversified. This also all good into April and possibly beyond.

EBIX has about 30% shorts (as of Jan15, possibly more). Yet, it keeps running. Short Squeeze?

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