Looking at a bunch of chart candles on tech stocks, NO WAY is this the tradeable bottom everyone has been looking for. A lot of the bottom candles are white, and that is not a bottoming candle. Red/Black hammers are the common. Therefore, I am playing this as an options expiration play only. Too many people out there are screaming that it's going to 1700 right now. That is utter BS, and will be dealt with very shortly. 1200's are definately the magnet after this ramp is done.
Pretty timely PR by Dell for a penny increase. Just what the Doctor ordered to get the market juice going. QQQ's may hit 28 on this ramp, but I will be short long before then.
Happy trading,
James