Got nearly all the juice out of that SKF trade before it tanked.
The Geithner speech really juiced things.
Today, looking like the financials will give something back on the horrible COF numbers. YHOO inline, Bartz doing a good spin-job.
Oscillators *way, way* overbought here. S&P oscillator at +9, I would be a seller at +5. No new longs here, peel 'em off if you have 'em.
Looking at SRS just below the all-time low, around 25.50. Again, these instruments are to be held no longer than green bananas.
But the market has a distinct squeeze-y feel. Keep those stops tighter than a fist and positions small.
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