Friday, April 18, 2008

All earnings reaction very good

Citigroup, Honeywell today and GOOG, AMD last night.
ISRG the only damper even though earnings was good.

Couple that with Oil and Gold a bit down.
S&P 500 at 1386....now time to slice through it as I mentioned before.
Once we get through 1386, next resistance will be near 1396, where I expect a minor pullback.

Just look for day-trading opportunities, there will be tons of it as today is also op-ex day
Keep the bias on the long side that will be the easiest trade.

Good Luck !!!

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