Oops

I called that one right, didn't I. DJIA +173, Naz +38, SnP +18. I guess after a week of sell-offs and lackluster rebounds I was sensing a trend. Today's enthusiasm for the GM IPO, good news on Ireland and the jobs report, and no bad news today with regard to China moved everything up. But I'm not convinced. Maybe I just want some consolidation so I can get some good entry points. We'll see.

Today's trades: none. Bull call spreads for NTAP, PWER, and WATG close tomorrow. Fingers crossed.

Reversal alerts: 88 alerts, 83 in my screened database, 17 meet forward P/E and growth requirements.