BULLISH

Prediction- another volatile day- well the NQ futures have already climbed 30 points off the lows as biotechs are leading the way higher with the news of the IMCL BMY deal- other leading sectors include metals, semis, drugs, telecom and tech while oils, steel, ags and banks lag.

NYSE- 680 net losers;

NAZ -265 net losers;

NDX- 60 WINNERS;

OEX- 45 WINNERS;

VIX- slightly higher at 21.6;

Up volume creeping up to equal down volume;

Looking to day trade from the long side as I doubt the fund managers are going to let too much of this weeks gains dissappear- so buying UYG SSO QLD on inter day dips.