The Daily Long and Short Setup
Futures are doing what they can to minimize their losses ahead of the open (down only 3 points now on the S&P). Lots of talk in the blogosphere about market conditions warranting a pullback. However, market rallies can far exceed technical analyst expectations, and the best advice is to ride this trend as long as it will allow and avoid the luring habit of trying to call market tops.
LONG: Energy Conversion Devices (ENER)
SHORT: National Semiconductor (NSM)