Thursday, March 29, 2007

Good Morning World

Looks like the indexes will fill the gaps this morning. I'm refraining as much as possible from adding or starting any new positions until the gap-fill players are done.

11:06 ***Update*** As I expected, we have filled the gap. Now where do we go? Keep watching CNMD to break 29.00 on volume.

11:23 ***Update*** bought 200 more CNMD @ $29.03

2:33 ***Update*** sold 200 BWLD @ $62.385

This breach of 2400, with little support from the bulls is making things look pretty treacherous for the longs.

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