Thursday, May 10, 2007

AM DATA

Wal-Mart same-store sales tumble 3.5%8:18am: Shares of the world's biggest retailer fall more than 1 percent as sales drop in April. (holding shares of WMT since 2000 high has you hurting)

Scene is RIPE for nice sell off, will it materialise?

Unemployment claims drop UNDER 300K.

TRADE Balance (INBALANCE) SOARS!!

D

3 comments:

Anonymous said...

I am long until they close the gap on the s&p @1515.25, than maybe a reversal. If we break below 1507.50 I would be a seller. Thanks for the news!

Anonymous said...

just added another 4 contracts at 1511.50, got filled on a limit, so we will exit 8 contracts @1515.25 on a limit.

Anonymous said...

we are now short 8 @1507. This action is like yesterday!