Another up day for the markets. The Dow,Nasdaq and S&P 500 are up on average of 1.2% today, fueled by the earnings hype. Things will surely cool down after earnings as they do every year.

The outlook of the economy is not as bleak as it was 6 months ago. Intel's forward estimates are very uplifting, and will bring alot of cash in-flow in the technology sector. The month of september will be when i will start looking at good entry points for the following companies : Vmware, Intel, Cisco and Google.

For now till September i am looking for entry points to short stocks. The stock i'm most comfortable is the one i've been following, Goldman Sachs (GS). Today it topped 160$ up another 3$ (2%), on it's way to 165 ! Holding tight and ready to pounce on those October PUTS :

115.00	GSVC.X	1.25	0.50	1.16	1.21	28	1,633
120.00	GSVD.X	1.56	0.74	1.53	1.59	269	3,025