Good Morning Todays Trade

Thursday, May 1, 2008

lots of great setups this morning, as you see in the chart i posted last night i expect the markets to head lower short term, but oversold indicators are coming into range and don't expect the move down to be to long here are some issues for today

Jobless claims more than expected

PCE spending exceeds expectations

Microsoft at standstill regarding Yahoo!

and some stocks i will be focusing on

Shorting the euro (FXE)
looking to buy OXPS
JBLU
NLC
PCLN
ALVR
CEPH
LDK

How you like those apples?

Enjoy the day and the show

DTRS