Higher?

I'm poorly positioned for tomorrow but I am positioned for long and short. We'll see what happens.

My hunch would be a follow through higher (based on today's candle). That's an extremely bullish signal. The TAPE is bearish as all get-up...but i'm in Feb options here so i don't have time to monkey around. We broke through some significant resistance today BUT we've still got to go lower. So who knows what'll happen tomorrow. Probably just a low volume whipsaw like we've been seeing. The reuters news today made my blood boil. If they ant to pull that crap.....there's WAY better times to do it. Now they will pay.

Posted up a basica chart. Not much new. I did notice the daily stoch wasn't bottomed yet and still bearish. Should be interesting to see how this plays out.

On the lunar front....the waxing is next week. That will probably be the turn-around so we won't see much on that end.

Personally would LOVE to see todays candle get busted but the odds of that are slim tomorrow. Like i said it's bullish so i'm going to take off these calls tomorrow if the market moves green and then have a few puts positioned for next week. Glad I got the chance to lighten up today tough.

I'll come back with more detail in a bit.

ILMN is VERY weak and will fall next week. Have a TON of 30 puts now. It's hitting up against a weekly MA and it's gonna tumble a bit.