If the major averages rally the first trading day after July 4th, that's net
bullish through Labor Day; if down, that's bearish until Labor Day imho.

i agree its a buy day, the jobs number will loose effect on Monday. And its a
new quarter! I need to research but i believe the days before long vacations,
the market goes down, since fund mgrs go to beach.

id wait for the close or monday. fading such brutal opens **can** work, but the
odds arent with you in the long run.

I'll be looking for a small trade closer to the end of the day. The market has
really been up/down/up/down. So it feels like people will be looking to do some
buying on Monday. I tend to look for trades with my long term investments. If
it pops back up on Monday, I'll sell it to have the cash ready for another down
day. If it goes down, I'm prepared to hold long term and will try again if it
gets to my next buying point. This has been working well lately.

maybe a little bgu...nothing is realy screaming a buy here to me.the uga is
getting interesting but i still think oil could drop back below 65. from here
its all going to be about the Q 2 earnings and forecasts for the rest of the
year

interesting thought and blurp's comment.
Not claiming to be wise in anyway, does the market overreact pre holidays with
the major players gone? In other words, does it overshoot correcting on the day
the real players are back. If so, late today may be the time for a trade? Look
for direction after 1:00, we'll see

Im not buying anything. If you want to buy, it can wait till monday