MONDAY MAY 19 THOUGHTS

Good morning. Trying to get into the mid 21st Century here... Clearly, this is still a work in progress so bear with me as I/we get my/our feet wet with this.

I feel like Bill Murray (and probably will for some time to come ala "Groundhog Day"). Picture seems to be pretty much the same...overseas markets largely neutral to slightly positive with oil continuing its surge higher (albeit at a slower pace today). I look for ploddy trading again today with a bias again towards long situations (which actually did end up working out quite well the latter part of Friday). Better to be half-right than totally wrong!

Today is hard to prognositcate as news flow is so low..I am very news-centric so a neutral market and a lack of news makes this harder than nomral for me...wish I'd have started this project 4-6 weeks ago. But, if I can keep people away from danger spot,s that is good too. Better to be a zero than a loser.

Some individual things people are talking about today-
SOLF- strong as a bull. I'll try and pick spots as day progresses, but no clue here. Will use it as a tracking guide for other solars and play off selected strength/weakness in issues. For instance if , say, STP is near unchanged with SOLF up 2 1/2, hsort STP.

YHOO- trade of the day may already be over. They annoucned that they and MSFT in renewed discussions, but MSFT will not buy out company I did some respectable trades there around 7AM ET. At this point, I see next to nothing.

SOL- could be a target for a short with SOLF way up.

MPG- founder ousted Friday. Will open down. Think it is good for company overall as news leadership could be good...looking to trade on long side in spots

PKG/MTZ- Cramer stocks from Friday

EXM- had great earnings. 60 has been major resistance. Looking to buy above 60. DRYS will probably move in coordination with EXM. GNK share offering...somewhere i nthe midts of all of this, there will be action.

CPSL- continued momentum from Friday. Do not know how to trade this easily.

PWRD- great earning.s..coming down pre-open. lokking to short thru unch post-open.

LOW- bad earnings. HD tomorrow...the two will track.

ASTI- has been pummeled-only sola to have been down. if it opens higher (say 15.25, goes to say 15, and buy to 15.25, I buy 15.25).

Good luck to all and be careful...not an easy day for this.