6.28.2006

GAP FILL


I didn't mention it but the gap fill trade might be just the ticket today as the SP futs gap up 3. Seems like all rallies are now sold and I bet today is no different. So, if the gap hasn't been filled by the time you read this, put it out there. Of course J CREW is the big story so don't leave home without your fancy flippers.

The market internals have opened a bit green with 1,000 more winners than losers. The best performing sectors are metals and oils with the sox bringing up the rear with homies techs and small caps.

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