Morning Trade Friday
Published: Fri, 01/23/09
Futures getting hammered this morning Dow down -200 S&P down 22 going to open us up right down near major support 800 actually seeing the bounce here premarket. Watch this level all day. This could be a flush to November lows about to happen
I am currently holding some shorts in GOOG, AAPL, and FSLR which are going to be in the money starting the morning off, I usually cover any gap down or earning play IE goog the next morning if there is a decent profit so there is a good chance i take GOOG off here or right near open
some new ideas from research last night
JNJ
UNP
EIS
also watch the SLV (currently long)