Fed Eve

My system has flatlined again and the neutral signal is on. Tomorrow we have the Fed rate "decision" as well as 1st Quarter GDP so swine flu will probably take a backseat to these numbers unless it explodes overnight for some reason. You could say on the one hand that very few would actually want to risk their money and buy in this environment where we are overbought with pandemic fears which is exactly the conditions needed in order for the market to move higher. Personally, I would like to see a couple more days of the overbought condition worked off before a move higher so that the rally phase lasts more than a few days. However, my gut is that going forward we are going to have shorter spurts of rally before consolidating and then moving higher again.