The Street wants to bring IPOs to market next week so hide your women, children and small pets.
This can either be the top of a trading range, or the neckline of an inverse H&S bottom with a significant upside potential.
The markets will be looking for news on the stimulus package, but even more importantly, on a plan for the banks. There is significant disagreement in the Obama circles with regard to the banking bailout part two. Larry Sommers wants a 'bad bank' and Tim Geithner is promoting 'guarantees' but the crux of the matter is the valuation of the assets.
We are now at about day 20 in the Obama Administration, and there is a decided lack of serious reform backing up the rhetoric. 
