Market pulled back setting up an interesting day tomorrow.DOW,S&P and NASDAQ are all approaching 50day SMA.I'll probably wait till NEW HOME SALES and the CRUDE INVENTORIES come out to trade.Like always I'll day trade the ETS for quick scalp here and there. Break of 800 is the key but I don't think we'll see a significant down side without a major bad news acting as a catalyst.
Just read that Short Sales rise to Most Since September if things do turn around we'll go up in a hurry I'll start compiling a list of highly shorted stocks.