Choppy Friday

General notes
Has just added a new rule to my trading to make it more profit proof. From now on I will check the Industry Group RS and will only make a trade if the underlying stock is in an industry group of A- or better.

Filtered Trade Candidates for the Day
GAPHV: MBT (has to wait to clear buy-point on heavy volume), SPWR (cleared buying point shall spot the upswing and set target)

Trade Session Notes
Nikkei...18138.36...+206.09...+1.2%.
Hang Seng...21772.73...-165.49...-0.8%.
FTSE...6551.30...-20.00...-0.3%.
DAX...7915.37...-5.99...-0.1%.

9:51:45 AM Market sentiment: bullish

CBOE VIX

14.88

-0.66

Market	Adv	Decl	Unch
Nasdaq	3,324	1,290	226
NYSE	2,128	573	118

10:23:37 AM Market sentiment: bullish

CBOE VIX

14.84

-0.70

Market	Adv	Decl	Unch
Nasdaq	3,610	1,493	220
NYSE	2,145	678	104

10:58:54 AM Market sentiment: bullish

CBOE VIX

14.91

-0.63

Market	Adv	Decl	Unch
Nasdaq	3,733	1,584	244
NYSE	2,167	708	115

11:31:15 AM Market sentiment: bullish

CBOE VIX

15.05

-0.49

Market	Adv	Decl	Unch
Nasdaq	3,734	1,741	248
NYSE	2,129	789	111

12:49:15 PM Market sentiment: nervous (based on Terror news from London)

CBOE VIX

15.74

+0.20

Market	Adv	Decl	Unch
Nasdaq	3,176	2,504	257
NYSE	1,792	1,162	129

1:28:49 PM Market sentiment: undecided

CBOE VIX

15.73

+0.19

Market	Adv	Decl	Unch
Nasdaq	3,250	2,506	255
NYSE	1,844	1,140	112

Open Trades as of EOD 28 June

.UPUGR	CTSH JUL 90 Call	$76.60	$0	($560.00)
Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.PAQHR	PCAR AUG 90 Call	$87.45	$2.95	($105.00)
Open GAPHV day 8 light retracement
.SWQSV	SNDK JUL 42.5 Put	$48.64	$0.1	($440.00)
Complete looser part!!!
.TEXJQ	TEX OCT 85 Call	$81.01	$5.2	($380.00)
TTC-A, watch for %Williams -50!!! bounce or not, 81.5 support