Thursday, October 30, 2008

AAPLE TRADE

Stop is $2

TRADE CALL: APPLE SHORT

Shorting AAPL here @$109.50

Out today

I am out today- Sinuses are giving me some trouble today and just want to rest.
The market looks like it is giving back the big gap up this morning.
I will be back tomorrow

watch AFL.

Upside

I am still looking for more upside here. Targets for the S&P is that magic 1000 but could stretch to the 1023-1052 area. On the DOW looking for heavy resistance into the 9875 number if can boost higher. It is end of month so lets see what the fund managers want to do.


Some stuff are setting up here so stay tuned.

Wednesday, October 29, 2008

WOW

we lost 350 point in the last 15 minutes. Just horrible

Come on Market

Come on market give me S&P 1000, YOU KNOW YOU HAVE IT!!!
Adding onto yesterday gains and this will be good for the bulls as it would mark the first time is awhile we haven't sold off a huge up day. Momentum is on the bulls side here.
The question is do we hit 1023 on the S&P and 10000 on the DOW.

FED

FED announce in 50 minutes can't wait to see what they do. The point need to be made that the FED is so irrelevant to the market it is almost a joke. We will see in 45 mins