Tuesday, May 8, 2012

Futures Set to Open Lower...FOSL Down $31 in Pre-Market...Softening of European Economy Cited as the Cause...


BMO - ES  - 7.00  and NQ - 17.25 point to a lower open…pre-market volume moderate…

XLF is down 6 cents…
Euro is down 62 pips…
TLT
is  up 68 cents…
                                                                                                                  
Continue to look for potential bullish divergence and support bounce entries

Follow your rules for entry, exit, adjust stops to protect profits at this time according to your rules...

FOSL down in pre-market $31…softening of European economy resulting in slower sales growth…

Quoting Up: PCLN, CTSH, AAPL, GOOD, TEVA, TLT, TSLA, FAZ, GRPN

QUOTING Down:  FOSL, WYNN, FFIV, DTV, GOLD, BA, FAS, HUM, LNKD, CRM, COH, IBM NKE, UCO, SLB

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