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Quote from hajimow:

SPY is 131.75. Time to short it. Temp pull back.
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I believe it is only short covering and decorating the porfolio for the end of the Q. We should see SPY at 130 soon (not today !!) again.
 
Great!!
I am a day trader, so I am having a great day today...MAKO doing great!!! Have been watching it for a week now. Traded also QCOR and BPI and IPGP.
Waiting now on RUE, RADS..and maybe TMH and CEVA... We'll see.
Do you day trade?
 
Quote from bonchi07:

Great!!
I am a day trader, so I am having a great day today...MAKO doing great!!! Have been watching it for a week now. Traded also QCOR and BPI and IPGP.
Waiting now on RUE, RADS..and maybe TMH and CEVA... We'll see.
Do you day trade?
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Yes I do but mostly swing trade with options.
 
Market should go down today and here is why:

It started with mildly down and then after the factory report at 10, it became positive just a little and then it retreated. Now I believe that S&P should be down about 0.5% today.
 
Market is rangebounded. It neither goes up or down. Nothing wrong with that. It can stay like this for 2 weeks. I bet market will be 2% lower by the end of this week.
 
I guess we will see if the 50 day line acts as support this time. Some stocks have been acting strong you have to admit. ILMN finally did it. I had been watching that one for weeks now. Finally the volume came in and it broke out. I have RUE, which I am swinging. I got in a little early but so far is holding ok.
Some important numbers this week, so we will see if the mkt can hold.
 
Quote from hajimow:

I started buying ADI at 39.
Time: 10:27 ET 7/6/2011
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ADI might close very GREEN today. Dropped early today in extreme low volume. If buying pressure comes , it might even hit $40 today.
 
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