Friday morning

Was stopped out of NYX @88.12
Sold my BP @ 63.64

Thoughts

Let me expand on what I see in the IYR it looks as though resistance is at the 89.00 level if it makes it through that it will violate the short setup for now.

SIRF well if it sticks this level too long the gravity may take it down.

INTC this is a slow mover and without some catalyst it may trend down 75 cents.

DIVX looks as though the character of this stock may be changing, it's very loaded up with bears and I don't expect an easy resolution to it.

Just watching

There were some nice moves in JOYG and VMC today.
I've got my eye on the IYR for a move, maybe to the downside.


I waited until the close to start a position in NYX @ 87.10.

Positive reaction to the fed

Well still holding the same as i was the past week.


Did add to my long term portfolio which i don't referance to on this blog usually. added DIVX to my exsisting shares @ 18.69.

I'm going to look towards stocks like VIP, NYX, VMC, VSEA ,WFR over the next week.

Market day

Well I'm leaving early today I might put in 3 hours, I'm anticipating that not a whole lot will happen today in front of the fed, so it's wait and see time.

NVEC popped on some patent news, LEND is up on some buyout news in the subprime sector.

Market

There isn't much happening under the tracking indexes, Looks like a bit of short covering.


Well i may have jumped early today on SIRF, in with a starting position @28.25