Well the day didn't turn out to be quite as bad as advertised this morning. The dip buyers rushed in first thing in the morning and provided pretty good support for the market. The S&P 500 looks surprisingly good to me given all the negativity in the air. I'm starting to see some attractive longs in my scans. If it wasn't for earnings and expiration I might actually put some money to work i

You don't need me to tell you that it's gonna be an ugly open (if you're long).Remember when I said the steep rally looked like a game of musical chairs to me? I think the music just stopped! You know how I feel about large gaps, so I wouldn't be chasing them down

I've had a few requests for a copy of the spreadsheet I use for my trading journal. I just uploaded it to the server so feel free to snag a copy if you're interested. It's not the most elegant spreadsheet but it does what I need. I've never been a big Excel guy, (unlike

Ah, the fun of earnings season begins. Today was a strange day in that most of the movement happened in extended hours trading. We had a gap down in the morning (supposedly) due to rising oil prices, weak overseas markets and jitters about upcoming earning reports. The intraday action was choppy and stayed in a pretty narrow range. But the real action came after hours when Intel and Yahoo r

So much for the buyable dip/consolidation I charted over the weekend -- we've got a pretty significant gap down this morning that I think will invalidate the support on those charts.

Some stocks which have my attention early - GOOG after Mark Cuban reiterates