We’ve got a plethora of picks that are…

It’s been a long short week, if you know what I mean.  The markets overall are soft and seem to be getting softer.  It wouldn’t shock me to see a meltdown into the close, perhaps another 50 or 100 points lower on the DJIA.  Not that we can game or try to profit from such intrahour action, but it does look like it could be an ugly close to the week.

We’ve got a plethora of picks that are hardly changed on the day and about an equal number of longs and shorts that are down 2% or more.  Nothing’s been moved enough today to get me pulling the trigger, but if we do fade into the close, I’ll look to do some scaling into some Adtran and perhaps some more Apple or Softee.

Oh, and how about that intraday volatility in silver…NOT.  It’s been an incredibly tight range all day for the metal and it’s unchanged as I type this.

Back in a bit with a weekly wrap up.