It was a wild day as the early sell was sold and the eager buyers step in. We had a large pop in the final hour on the Europe bailout package news testing the Sunday night future high, but was later denied. It’s a mixed bag after hours. INTC and ISRG are up and AAPL down. With AAPL slowing down, INTC chips are gaining and that may take the sting out of a big AAPL drop. We are trapped in the upper segment of the recent trading zone at 123-119 SPY with the bulls pressing for a break out, but I can’t help wonder if we are getting closer to another pullback if we rally another 20pts none stop.
