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E-Mini S&P 500 up only to sell again!
The E-Mini S&P 500 had an inside to higher day as we had anticipated. Today, we started lower and gradually worked up to closing near the highs. The nuclear reactors in Japan have been contained as engineers struggled to get them back online to cool the reactors. Some were possibly ruined as initially the workers had drawn sea water to cool the reactors. Progress in Japan has somewhat created a positive outlook for the marketplace. Warren Buffett has even come out to forecast the Japanese stock as buying opportunities. Note that the Japanese have a long road ahead with possible food contamination, economic strain to rebuild the country, care for the dislocated workers and potentially issue relief programs for the people.
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