2. Looking to enter Jan 2010 Puts on MCO (Moody's) - Many are taking this trade on, including Einhorn. With the market rise, MCO rose w/the tide, and now the big boys are questioning their authority. (In a WSJ subscription article that I can not link.) This is the nail in the coffin.
3. ORCL declining after earnings. This may become an interesting trade off the lower end support. (remember I do not plan on holding long position for more than a few days w/the market at current levels)