With the current market, I have to established new entry points for the names I want to go heavy in.
1. GOOG - 520 is definitely a floor. It may go to 530s with a declining market.
2. GS - around 157-158. (Some really nice action today.)
3. IBM - around 124. A case can be made that there is support here, but with a declining market a lower tide will lower all boats, and the 124 level is where the tide might take IBM.
4. Apple - This one is a bit tricky. I want to say the 204 level, but conservatively speaking its 200. (I will act on some at the 204 level.)