Caution

That's why I said no trading till debt deal out of way- Trying to buy stuff here is crazy. Debt deal is the mover.
This could end up being an awesome long side trade but you got to be patient

RIMM

RIMM looks so weak- I remember it was just early this year it was @ $70. I know they were going to be weak soon because when I was going to get my android I said to myself is anyone buying blackberries anymore. OLD TECH!

Caution

As I been writing stay out this market till this debt issue is done- S&P getting hit hard here in the early going

Market

Market looks like it wants to close the gap and go positive- Still far off but setting up

Monday

Starting the week premarket looking very negative. Thursday and Friday volume was extremely light with all the debt ceiling talks and the futures are down on the news that there is no deal yet. I don't expect much to happen in terms of volume or move till Washington gets a deal done but know Washington this is going to go to the wire as both parties are trying to score political points.
When announced I suspect the initial reaction to be up and due to the light volume it wont take but a few big traders to up the market significantly higher initially, what will be the true test is how we trade a week after the announcement. Till then most managers and funds will be on the sidelines.

Problems

Why are we down didn't AAPLE save the economy??????
where are the bulls?

APPLE to save the markets

Markets anticipating a banger of a earnings from AAPL and we are on to new highs for the days.