Tuesday (EST): Case/Shiller Home Price Index 9:00, Chicago PMI 9:45, Consumer Confidence 10:00

SPX 710: "You can't be irrationally oversold at this point"

FINAL ROUND

Jim Cramer is a guest on the Daily Show tonight (Thu 11 EST)

Thursday (EST): Initial Claims 8:30, Retail Sales 8:30

Money-losing REITs: TCO, CPT, VNO, WRI

Bespoke Market Timing Model back to neutral

Barney Frank: Uptick Rule Coming Back

Marc Faber: Don't Short The Market

Russell 2000 -5.88% Thursday

Projected 12% drop in shipments 'dwarfs' 2001 drop of 3.2%

Productivity surprises lower

Thursday (EST): Initial Claims 8:30

RUMOR: MARK-TO-MARKET HEARING TENTATIVELY SET FOR MARCH 12

ISM Services in line at 41.6

S&P futures print 681.50 after hours

Obama says "buying stocks is potentially a good deal" ... cites PE ratios

TALF lends $200 billion on March 25 for debt in autos, credit cards, education in exchange for equity

GE [$7.05] trailing PE: 3.92

Tuesday morning: David Faber says "it's pretty quiet out there...phones are not ringing...people are stunned"

Down 10/11 days

SPX reaches lower boundary of recent channel

Day's data points worse than expected: Case/Shiller Index, Chicago PMI, Consumer Confidence

Delinquencies still rising

New Home Sales 337K vs 300K expected

Wednesday (EST): Durable Goods 8:30, New Home Sales 10:00, Crude Inventories 10:30

Michigan Sentiment 56.6 vs 55.0 expected

Initial Claims -654k (-640k expected), Retail Sales -0.1% (-0.5% expected)

SP500 trend line is broken, opening up a new trading range

Trend started Feb 11th, test Feb 26th, test March 10th...

S&P downtrend begun Feb 10th still intact; currently ~725

The Week Ahead: Thursday the 12th is a potentially big news day as Initial Claims and Retail Sales are out. Retail Sales were unexpectedly higher in January and traders will be watching to see whether that is a trend. Also the Mark-To-Market debate is rumored to begin the same day.

GE CDS more expensive than Russia CDS

Friday (EST): Unemployment Rate 8:30 [7.9% expected], Non-Farm Payrolls 8:30 [-650k expected]

Did you know? From 1933–35 Home Owners Loan Corp. (federal agency) took over 200,000+ mortgages. 92% of original capital was recovered by 1951.

REUTERS SOURCE: Tentative Subcommittee Hearing March 12th

SPX significant volume increase as prices reach 700

Futures 42.75 pt 24-hour range or 6%

SPX 860: "I would not want to be short this market right now"

Wednesday (EST): ADP Employment 8:15, Feb ISM Non-Manufacturing 10, Geithner 10, Same-Store Sales after close, Fedspeak all day

Is 740 Becoming Resistance?

Pending Home Sales -7.7% vs -3.5% consensus

Bespoke's Market Timing Model is mildly bullish

Tuesday: Pending Home Sales 10 ET, Auto Sales 2 ET

GE [$7.78] trailing PE: 4.35

World Record: AIG loses $61.7B in Q4 2008

Hang Seng -5.5%, Nikkei -3.8%, FTSE -3.5%

Monday: ISM Index 10 EST, HSBC to report earnings of $10.9 billion to $18.4 billion, AIG to report abysmal loss 6 EST

Dow seasonality: +0.56% March +1.26% April in last 100 years