Market Outlook

The futures were on fire earlier this AM at 914, now it seems to have dipped a little to 909. The GM bankruptcy is trying to provide some negatively but I remain bullish for the time being. As for today, I will probably make some day trades and post them to build cash flow and might take a few more positions. I really like RFMD here and will probably buy another 500 or 1,000 at these levels. I believe the handset market is turning up and the upside is not reflected in their stock price nor the estimates. I like AAPL and RIMM both on dips. I got the MS report on Apple, I just haven't had time to read it. I will post some highlights later this afternoon or tonight. I wouldn't find this tape, so scale into longs and remain strong. I believe June could be huge, since many fund managers are low on equities and will be forced to go in big to make their 2Q, in order to keep clients and their job.