Ugly Rally

Market rally is seeing the buying of weak hands by those not willing to pick a bottom earlier in the last week of Feb and first week of March. This is exacerbated by the lack of selling environment and news of easier mark to market rules for banks. These types of rallies are ok when no selling is the market makeup, but could become a falling knife if liquidation programs appear. Price internals we watch remain horrible and have not been this bad since last August. Unemployment numbers on Friday will provide volatility enough for everyone.