Friday, April 25, 2008

Choppy

Very choppy day but as predicted the agros are on fire and bouncing from the last two days of selling. I am very afriad to say this but oil looks like it doesn't want to pull back. The big tech stocks are flat to weak today, we need to monitor this group next week as they are now in overbought territory and might be good short candidates.
Today very choppy with light volume, my best guess it that next week, since it is end of month we should get some good movement.

FNM approaching $30 again. Watch for that on the short side again..

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