The Student Loan Ranger

Decided to have a long lie, as I knew EZJ and BAY would gap up strongly and not really allow a good entry. I was right.

However this morning I am being confronted with a raft of computer problems, network down, internet choppy, broker platform crashing or not loading, ADVFN L2 service not working.. the list just goes on and on.

There are sometimes too many battles to fight in trading and it feels that it's not even worth donning the gloves to take them on this morning!

But I'm not a quitter so I'm waiting for a nice retracement in some stocks - because they are ALL up this morning.

Afternoon update:
Today has been a sensation for airlines and financials.. and pretty much everything else. There are 6 minutes until the opening bell in New York, and today I will be looking to trade from the following stocks:

• UAUA - Airline
• TSO - Oil refiner
• General Motors - Vehicles/Transport/Industrial
• Bank of America - Financial
• Citigroup - Financial
• Home Depot - Consumer retail

Quite a lot of good looking setups (descending triangle in GM and TSO for example). However I am anticipating a gianp gap up across the board, so I will look for early signs that this momentum will stick - or wait for a retracement.

There is a feed meeting today which will impact heavily on the markets so trading while trying to guess the outcome is extreme risk.