We had thought there would be some end of month follow through buying this morning, but the weak consumer confidence data took away any chance of that.  Currently, we are wiping out yesterday's gains in the markets and then some.  We have been saying for a while now that we thought it was a good idea to continually lighten up long positions, and this is exactly why.  We are in the type of market that can sell of quickly when there is any news/data that puts a hint of doubt into trader's minds.  As for the rest of the day, with it being a Friday, we think it's best to take the sideline and look to next week.  If you do choose to put on a day trade, do so cautiously and make sure you use stops you are comfortable with. 

Picks Sheet Update:
TTWO-We are long this one from $11.90, and we are going to use a hard stop of $10.50.
CEC-We closed this one out at $29.15 for a 15.5% profit in two days