Fiday March 27

The last 2 days there has been pretty strong fund buying during the last 45 minutes of the day. There is no doubt that this is a rush to get into the market by the end of the quarter.Nasdaq went positive for the year on the bell yesterday. Who knows how long this rally last, and quite frankly we are not trying to pick a top or a bottom. We are trying to go with the momentum of the market. Intraday I am trying to point out periods where the mkt may change direction or re-in force what the trend is. I am trying to give you guys an edge so when you enter into a position your odds of success are better. If I see a clear path I will call a play in the SPY's, with a stp. The stop should be no more then 25 cents . Lot of chopiness but the trend was again up yesterday. If you have any questions feel free to ask me. If I do not have an opinion I will tell you. If I do I will give you my best thoughts at the time as I am watching several variables of the market all day. The Conference on May 16th is getting more exciting as we are having a specialist come in and talk about the emotions of trading , and how to deal with the different emotions you go through to help you become a better trader with more conviction. Trade with conviction and have a great weekend. Regards, Frank