12 March 2007

What To Do?

So very light volume and tight range rule the day with no bias whatsoever. Not a good environment for shorting...plus Goldman Sachs back over $200 with YHOO, AKAM and AAPL not giving back much...mutual fund money probably propping up the market...anticipating some more buying into the afternoon but you never know with this jittery market as of late with the news wires providing fodder for the bears in the afternoon...if we do continue higher I'd take a shot near 1780-1784 with some QQQQ puts (careful with front month) for a swing trade...but that may not happen until tomorrow morning...jfg.

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