Friday, October 16, 2009

Fork in the Road

I think we have enough savvy and clever traders on board here, that there's very little that needs to be said as we watch this Friday tape. I would like to highlight a comment that Fuji made earlier to keep in mind today.

"When Friday is a down day, there is a very high chance that Monday will be a down day, not to mention Monday after OPX typically is a big down day. Then, Tuesday Turnaround comes in and go higher."

If nothing else, this is a good day to exchange some specific trade ideas, so please don't hesitate to share what you have on your radar.

Notable earnings on Monday are: AAPL, BBT, BSX, STLD, WFT, ZION
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