Ok so the volume is light.  GMan barked on the Open, “Volume is down 1/2.”  Dovey said about the same just with some streets of Brooklyn color.  On a day like today we must observe this different trading.  But there were still some opportunities.

AJames made a great call in STEC as it made a new important technical high and rode it up a point.  AAPL offered an Open worth playing.  AIG above 32 finally worked, yet lacked the follow through needed for a huge chop.  There was some opportunity in RIMM and IBM as evidenced by our leaderboard.

As I write I am in ESPN/trading mode.  I will watch the markets as I brush up on my Yankee rumors.  AIG will get my interest above 32.50.  AAPL is worth watching above 113.50.  STEC above 17.25 is worth a look.  My alerts are set.  But I am not willing to take on much risk until I see an excellent risk/reward opportunity.

There has been money to be made today.  There might be some opportunities into the Close.  But right now I am in defense mode, attempting to keep my profits from the Open, and forcing the market to show me an excellent risk/reward opportunity.  Till then I will be reading about the Yankees LF situation.

Best of luck with your trading.