Friday, July 24, 2009

Friday roll up your sleeves and trad

We dumped our Msft in the pre-open on a minor bounce at 24.05
We sold once contract Oil 67.30 stop 67.70
We think this rally will get faded we are are short in some places
There have been earnings positive surprises everywhere now with Amazon and Msft some negative ones to splice in their-GReat Britain GDP was terrible extending the disconnect between east and west.
Members early price remarks are only valid with market in positive territory
if oil remains above 66.25 we are likely to cover there and wait and see
A correctioncould be in the cards today












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