Started the day with the DJIA gapping up 300+ points on the FRE/FNM bail-out news. If you were smart you would have likely gotten short within the first half-hour and covered at the double-bottom later in the afternoon. I watched
DIA most of the day. A few scalping opportunities, most of the downside and attempts at a gap-fill were bought up pretty quickly. The DJIA daily chart recovered it's bullish-biased trendline that was broken on Thursday; Pull-back before continuing down? Short-Covering? Bullish recovery?

I bought some
NWL on Friday, it's looking pretty nice, with a strong day today but approaching some resistance, so I'm curious to see how it will react at $21.

I'm sure you're all aware of the
UAUA bankruptcy rumors that turned out being false. Insane tape on this one...

...oh yeah,
GOOG...ouch!
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