FYI... as per my previous post my only positions right now would be AAPL, QCOM and GS. Because of the relative strength in AAPL and QCOM, I would be covering my protection here. I would also be looking to add to GS with this weakness. (I would already have a light position here, and add one option here, then another at 92.) We already know banking reports will be weak, and the current reaction is from a "V" shape move from the lows. (I find myself getting more bullish on financials the more I here them being bashed. Also, the activity highlighted on CNBC by Beazer Homes is going to make me dig into housing stocks, and see what the sector is saying.)
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