Wednesday Action

Sorry for not being on top of the blog today but had some personal stuff to do today, like take my cars to the dealer. Wow what a day! I traded futures today and it was my best day in trading S &P futures. The range today was unbelievable and I caught alot of the moves up and down. I got 20 points on the ES which to me was beyond impressive and I wish I could have one day like this every month.
I am looking to trade mostly futures as we head into the summer as it will be harder to trade stocks as volume will dry up as more traders go on summer vacations.

I noticed a few stuff today while running in and out today. One was oil, which seems to be shaking out weak hands and look like it wants lower alot lower. Believe me I will be waiting to catch oil this time on the move lower to higher prices and will update when I believe we are close to a climax selling. On this solar stocks also look lower, FSLR, SPWR, SOLF etc all seem to be heading lower here based on Oil push down.
Secondly Financials again look weak but we might be coming into a range where the selling might abate short term. Why do I say that? GS was very strong and MER upgrades LEH. Remember the brokers will be reporting in 2 weeks I believe, so some shorts might cover before these are announced.
Lets see where we go tomorrow. If we gap up 100% I would be short if we gap down wait for confirmation before you commit anyway.