Looks to be a "fade the open" day today. Very bullish internals with the TRIN at .50, same for nas trin. Decliners beating advancers by -1256 but apparently the volume is behind the uppers.
got stopped out of PETD (good thing) and CREE (bad thing .. which immediately bounced and is up on the day)... but thats just the way it is. Consistency is the important thing otherwise its whackamole.
We are at the bottom of the trading range.. probalby be an up day. TZA is dropping like a stone, now down 1.25% (was up 2.5%).
Wednesday, May 19, 2010
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