HI All,

SPY chopped around the 107.84 fib all morning.  We hit TWTR LONG at 38.78 for a consolidation breakout to scalp 39.04, 39 and 39.20, out + .26, + .22 and + .42.  We hit VNDA LONG at 14.84 but quickly stopped out at 14.70, out - .14 as seller was firm.  We hit GILD SHORT at 89.08 to scalpe 88.72, out + .36 on 5 min inverse pup.  We hit YHOO LONG at 50.03 to scalp the 5 min 5 period ma out at 15.15 and 15.12, out + .12 and + .09.  We got chopped around on LVS and MGM as they started to breakdown but then coiled.  MGM was diverging with WYNN as it stopped us out twice from 20.64 to 20.69 and 20.71, out - .05 and - .07 on the shorts.  We hit GILD LONG at 88.29 for a beautiful squeeze on the 5 minute mini pup to sell into the liquidity spikes at 88.85, out + .56.  Closed out the morning with + $476 profits.