What didn't we get last week?.  Let's just say almost everything possible happened and just get on with the week ahead.  There is only so much we can talk about the bottoming process, the panic, the emergency cut, the guy who just wouldn't hedge his bets and lost 7 bln for his bank while going long.   We had everything and anything and it all makes for great story telling in every media outlet and so we'll leave it to them to tell.     Simply ...all we were concerned about going into Mondays trading was how we left off the market on Friday.   While the market was losing steam and falling victim to profit taking and a 300-80 pt intraday decline off highs,  we noted late that despite of this action we were finding stability in some of our closely followed and therefore adding pieces of POT, MOS, ISRG, DLB for different reasons heading into the weekend.    It was not only a case of profit taking off a quick ride up, it was the fear of some financial institutions mascot or someone in the mail room coming with an ingenious way to blow up another 7bln or something over the weekend.   We looked at it in a different way and that was because the real mascot was giving a state of the union address and his flock of Wall Street homies would make sure he'd have a 'green day'  platform to stand on.   One that could also carry a green market into Tuesday if they really wanted to make a statement.   Unfortunately, a last look at the futures showed a -100 DJIA and the Asian markets sinking before hitting the sack.   Despite the Shang showing a 7% decline, Hang/Nikkei -4%, the futures were edging up into the open!.     Hhhmmmmm?.     Have we become so immune to these steep declines overseas and here?.  Definitely not,  but this is not just any week with a pep talk leading the way on Monday night!.    This week is full of it..literally as a full calendar of important economic data.. Dec Durable Orders tomorrow morning at 8:30, advanced Q4 GDP ...Wednesday morning at 8:30 and the Jan Unemployment report on Friday morning at 8:30 and of course FOMC meet and decision and the herd of earnings reports can all play a roll in flushing us back down.   As far as trading tactics, we're not changing anything at this point in relation to sizes and the number of stocks we are prepared to hold this week. 

Despite the market indices looking quite green today +173/23/23, we didn't get much participation from the fast NASD stocks we are concerned about such as AAPL RIMM BIDU etc.  We got a mixed bag today but with some nice trading ranges from those highlighted late Friday..POT, MOS, ISRG.

The solars were mixed today, but if the LDK potential deal noted today in alerts happens it could not only move LDK quickly, but itcould get the whole sec' moving.  These upgrades and daily calls on the solars are not to be chased as we said recently.   These stocks move on deals and if this 1bln plus happens it could be the right spark.

Another play we moved in some for a trade is ACOR...yep the same ACOR we were trading back in 2006.  The news is below, but what we are trading is the volume and the NCH( new closing high).  A combination as such should get us some upside for a trade here.   Well, at least it did in a normal trading environment..lol..    Just like reading a juicy EPS headline and climbing into what you think will be a move up, but instead ending up in a slide down as seen in many a stock today we've been familiar with, we have no real clue about how the market will decipher the below news as the day progresses.   This is why we prefer to trade the close and not worry about if we missed some points intraday.  As with LDK, we're looking to trade it, not love it.

 ...Co announces results from a thorough QT study of Fampridine-SR. This study evaluated the potential to cause an increase in the electrocardiographic QT interval. Fampridine-SR, at both therapeutic and supratherapeutic doses, was found to be no different than placebo. The U.S. Food and Drug Administration requires thorough QT studies for all new drugs seeking regulatory approval, as increases in the QT interval may signify an increased risk of developing malignant cardiac arrhythmias.