Sunday, July 31, 2011

Debt Deal Passed, Almost

Futures skyrocketing, but Congress still needs to pass... 

Should have picked up my APPL options Friday for a quick bounce tomorrow...  Tomorrow will be an interesting trading day with the relief trend pushing things up in the morning...  Lot's of economic news coming out that may dampen the rally, although we are off over 500-points again so wouldn't count on a huge pullback after this rally.

Need to do some technical work and look at the S&P for resistance and support and possibly trade the indexes only over the next few weeks.

Happy Trading...

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