Thursdays Trade 10/30

Thursday, October 30, 2008

Wow, futures up nice again, Today I still think we have some upside, I am looking for strong overhead resistance at 980-990 on the S&P right now we are training at 962, Morning is going to get choppy.
If you scaled down in MT with me you should be in the money with A nice profit.
I am looking to watch the morning and continue to scale in DRYS down at these levels.
Also if we do see some selling coming in in the morning watch for an update around 9:45 listing the relative strength stocks set to make new highs on and bounce that is expected in market as the sentiment is still bullish

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