Boom Boom Stocks 11/3/2011

Morning folks.  Looks like market is gapping up again with the spy up 1% premarket.  We had a nice bounce off the 20dma on the spx and it looks like we are having a follow through day.  The key will be to see if we can hold these morning gains.  Europe will still be front and center today as the news cycle over greece, italy continues to dominate.  As of the moment it seems we have digested the greek news but anything new that comes out could throw a curve into the market.   As of now I have a target to the 200dma on the spx and will be using teh 20dma as my first level of support

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