Monthly Archives: July 2009

FRiday Trading, gives us a flat open here with $MSFT, $AMZN, $RVBD, and $AXP among the afterhours misses yesterday. That being said, we have run 12% in the past 2 weeks straight up, not even one down day. Today, no shorts unless we get under 962 this am. Have a great weekend.

Trade on the $ES_F now is getting to the point where we are either going to bust higher over 958 or lower below 940. I don’t know which way, just waiting for signs. $VIX down to 23.24 yesterday, way overdue for a bounce, today would be 12th day in a row for the Nasdaq to be up. So we are getting long in the tooth to the uspide,but still no great short signs overall. Very tight market.

Prices don’t always rise people. It will take about a decade to rid the inventory without jobs in the Central Oregon Region. Coffee is brewing, I smell it but a decade will be the time needed to sop up inventory here unless you get some major employers to move here!

First day in 8 that we have opened under the Pivot Point. Feels like change of character in this market after 91 points to the upside or 9% power move. Earnings are solidly over 50% done, its wednesday, and I suspect we won’t be closing over 1000 this week. Just gut feel, but ready to reverse if they get em over 958 today and go long there.

Another Canadien Quartet out with new Debut. Why is all the great music coming from the north country? Seriously, too much good stuff coming out of there!