Friday Ideas (March 13, 2008)

We have a major economic report tomorrow. That will be the real test for this uptrend, what I am looking forward to see is whether the "Bears" are really running scared. If the report is so bad and we still rally, then we should see the Dow and SPY rally like mad in no time.

Here are a few ideas that I have

WFC, JPM looks as though they are ready to shoot to the Moon. After that sell down to the 660s, I think a lot of supply has been released.