Nice when you are right!!

Market played out exactly as how I said it would today, early weakness was definitely a buying opportunity. The S&P closed at its highs and I would expect a slight upward bias till we have our 2:10 PM announcement Wednesday from the FED. John Deere was so sweet today from our mention this morning and Mastercard I still believe will get going too. Mastercard got hit this morning on the news of the VISA ipo might be delayed.
The solar stock, brokers, gambling and some tech stock were on good solid ground today. One negative I have today is the lack of relative strength from the Nasdaq. This ,ust be watched tomorrow and wednesday after the announcement as the are the leaders of the market.
I am presently in bounce mode in my gameplan and i expect us to get some resistance in the 1396-1426 #'s on the S&P.

Start of Week

Well this week is the FED meeting and we should get a possible .25% or .50% rate cut. With that said I do expect an upward bias this week in the market although I hear Cramer saying the market is going to go down this week. I think the reversal candle of last week is in place and we should bounce. If we do bounce i would be looking at the same stocks mentioned last week with the addition of DE (John Deere) and MA (Mastercard) which i see having a $10 gain to the upside from the charts.
GOLD!!! Everyone seem to be a gold bull right now and I am going to go out on a limb here as usual and say Gold is very near a TOP. Gold has been been on a massive run and I personally thing it could pull back significantly.
This morning we are gapping down and i willing to buy at support levels 1315-1320 on the S&P and see if we get a bounce. If we do have a bounce this week we could test the 1400 level which would be a good bounce. I am nowhere a bull but a trader and I think we are in mode to bounce at these levels.