5.22.2009

LOUSY LUCK


Markets are trading higher and less chop than I expected - and couldn't even take advantage as Tradestation had some connectivity issues - or I did.


Anyhow, SPX +5, NAZ +8 and DJIA +50.


Strong sectors- ags, energy, metals, brokers and retail while banks, real estate, telecom and bonds lag.


NYSE- 600 net green;

NAZ- 440 net green;

NDX- 63 GREEN;

SPX- 350 GREEN;


VIX- lower by 2% at 30.65;


Looking for some entries on the long side QLD/SSO/DIG- and will be quick - looking for entries near the pivot or the 20 EMA- wiht very tight stops-

And Mets Sox tonight- 1986 anyone?

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