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Bullet Points

By

Hump Day?

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  • The Daily News is reporting that the Knicks will hire Mike Fratello as early as tonight.

  • Friday is expiration and there are a ton of catalysts between now and then. May not be a bad punt (either way).

  • We saw vanilla gorillas underneath bidding for stocks yesterday.

  • Stock split spikes (Taser (TASR:NASD)), day traders fronting CNBC names, penny junk jumpin'...all we need now is Marty McFly!

  • Try as I might, I don't sense that the panic phase has reached an apex. That might pave the way to higher levels--but it also may keep the short side light (and the tape vulnerable).

  • Intel (INTC:NASD) is dancing with a triple top near 35. If (big if) it pops through, the technical types will start to drool.

  • Watch the breadth as a lead tell today.

  • You know that trade you missed where you left all that money on the table? GET OVER IT, go out with someone else.

  • Oil shock.

  • The dollar is higher today. Remember that "inverse correlation" thing we were talking about last week?

  • We're deciding on critter voices. Some things are more fun than others. This is one of 'em.

  • I'm not sure if Elmer "sees it" and is trying to jawbone or if he's really that out of touch. I'm not sure which is worse.

  • "La-zer"
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