SPX and Market Watch
Sorry this is late.. thought I pushed it out last night..
Day: May 4, 2011
current positions 5/4/2011
mostly cash right now. hard to swingtrade when momo stocks get taken down like this. its a better daytrading environment till i see confirmation in reversals in some names. Then the swing is back on probably be some good 15-20% moves in a lot of names when selling is over.
Boom Boom stocks 5/4/2011
Morning folks…looks like a slight market weakness at the open with the SPY gapping down .18% so far. GLD, AND USO both at the negative so far premarket. SLV which looked like it might be staging a mini comeback late in the day in trading yesterday is down 1.5%. It has been some tricky trading …