MARKET REVIEW : BULLISH (27.04.2008)

SUMMARY

CRB Index versus Bonds=>bullish
CRB index=>bullish
Bonds=>bearish
Oil=>Bullish
Gold=>bearish
US Dollar=>bullish
DJ Ind.Average=>Bullish
S&P500=>Bullish
NASDAQ=>Bullish
VIX=>bearish

The short-term (1 week) message is bullish. (Major trend is down)

Growth index is gaining momentum



DETAILED

CRB INDEX v.s. BONDS



CRB Index



Bonds





Crude Oil - Brent





Gold (fixing)





US Dollar





NASDAQ



DOWJONES IND.



S&P 500



VIX