The last bounce attempt ran out of steam rather quickly and I have been all cash besides some quick flips since last Thursday. There are still some good looking pullbacks, in shippers and infrastructure stocks especially, that I will be watching to play should we bounce off 800.
INFRA: SGR, MDR, CBI,
SHIPPERS: GNK, DRYS, TBSI, EXM
But I will be watching the action in the financial etfs to lead the way because we are not going anywhere until they find a bottom. FAS and UYG might be interesting for a quick trade.
JAX
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