Wednesday, June 6, 2007

market

market trying to bounce up here some into last hour, futures moving up but stocks not following yet overall.

longs status

Here are the current status of the longs:

HOLX down .25
GPRO up .10
JSDA up .40

short status

Lets see how our shorts from the AM are doing so far at current prices:

GS down .50 loss
UTX up .20 gain
RHD up .70 gain
WYNN up .40 gain
PBR up .50 gain
MUR even
LLTC up .10 gain
MDT even
USG up .85 gain
LRCX up .60 gain
DD up .90 gain
CNI up .30 gain
VMC up 1.80 gain
PPDI up .10 gain

not too bad so far, prob lock in here mkt is way down no sense pressing bets further

market

Market just had its first bounce of the day, ES bounced upto 1523 area prob good short - although it does have room to 1524.50 area

GS

GS coming up short here 225.35

more shorts

UTX coming up now short 69.78, RHD 77.13, WYNN 96.61, PBR 109.26

MUR

MUR coming up short here 59.21

VMC

VMC drops over 1pt, has room for more easy if mkt keeps selling

LLTC

LLTC coming up short 35.85 - although semi are much stronger overall than mkt so not sure

MDT

MDT coming up short here now, 52.50

LONGS

GPRO HOLX and JSDA looking long (55.42,55.05, 17.65)

ITG

ITG flagging short here at 39.50

USG

USG short at 51.15 - dont trust this one tho

LRCX

LRCX short at 53.25

more shorts

DD short from 51.84, CNI short from 54.15

shorts

VMC coming up short here 119.20, PPDI coming up short 36.30

shorts

because of the gap down im getting huge amount of short signals here but they may try the rescue up first - here is the list: PZZA GRMN COLM MMM ESRX MA have the signal - these are on watch - SBUX TRMB AVID TSAI CAL ANDE LNCR FORM BYD HON JBX LEAP MICC RTI IBM FDX

am market

market is opening decent down - article about Morgan Stanley issuing a big sell signal in Europe and expecting a 14% decline from current levels.