New highs

New Highs being made here after the first hour. Bullish tone being set. look for that 1329 for some reaction

Level to watch for today

Levels to watch are 1324.50 and I have a final projection up to 1329, which will definitely be hit (not necessarily today).
On the downside we have 1320 and 1316 to watch. We in bullish mode here as we get to end of quarter and many money managers will be running to own stocks that performed through the quarter to say they owned it though just for one day (amazing), never the less they should be more of a buying mood since their have been stocks that really outperformed.

So far

So far we are having our usual turn around tuesday. Let's see if they try above yesterday's high which would be bullish development here

Tuesday

So we have been up for the last 7 out of 9 trading days, seem like a rest is due. Today is tuesday and more than likely we will get another turn around phenomenon, I think we are in the phase of a pullback here which will be 100% buy able, I can't stress this enough. Patience is the key here as we are just backing and filling and not doing much but we will soon get the push to new highs.
I am making a list together and will post them of potential longs. Yesterday I posted three short candidates to play on the pullback and I might also add to that GOOG.

Won't be around today so happy trading.

Boring

WOW what a boring day in the markets-

SHORTS

PRU seems like a weak acting strong here- worth a short shot.
MON looking for a short in this one after analyzing the charts.
MED forming a bear flag- looks lower.

New Week-

After doing some work last night, my work show that new highs of the year 2011 is coming up. Any pullback is buy able for now as the charts are show a bullish trend. What I personally going to be doing is accumulation at the next pullback, which I don't think it will be deep but the "talking heads" will tell you to sell and that's when i will buy.
Also Gold and Oil bugs I would 'NOT' be buying those here as I see them due for a pullback before it really trends higher.
The 30yr Bonds is also looking lower.