7/8/2010 premarket

hey dudes. Market gapping up after a wonderful day yesterday. Lot of stocks in the green. Keep an eye on upcoming resistance around $spy 108. OIL looking strong, europe markets were doing nicely.  We have added a crapton of positions last few days.  Will be looking to sell into strenght.
We are NOT OUT OF THE WOODS. dont get complacent…lets not even smile! good time to take profits and reevaluate.

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