ONT - Update

ONT has pulled back to the support level. There are many whipsaws going on this morning in many stocks. I am not concerned with ONT's pullback at this time. Watching the tape I see large block trades with an uptick going through so others out there are seeing this as the buying opportunity. I am holding my ONT position.

BIG - the retail sector is weak so far this morning. BIG is consolidating again just above the original buy point. Seems to be some confusion in the market as to which sectors the large money want to tackle. I watch some oil plays go from red to green and back to red again this morning. Seems as if the large money is re-adjusting their underwear to get ready for the next rally if it comes.