The market is still churning higher, as everytime we have made highs there has been a pull-in. After about 30 handles, we generally pull in about 7-8, which is the case this morning. Keep close attention to price levels today as it is options expiration week which will increase volatility. Sometimes the market needs to trade choppy before pull-in, so we might have some sideways action for a couple of days. Watch GS for clues and see if it holds 171. MS has also been strong of lows, and is now in a wedge that will need to resolve itself. SOHU continuest to be in play in tech, and there is also a tradeable flag in RIMM. Casinos have been great trades so keep your eye on them. GLD trade still looks good, keep your eye on it for a potentially lucrative trade.
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