The markets are showing signs of strength. The major indexes all advanced in above average volume, and has given little or nothing back in the last 2 sessions with little or moderate volume. The S&P 500 futures (sept contract) is a buy at 1305 accompanied with proper chart setup which is probable in the next few sessions if support can be found above 1295. Remember to trade your own trade regardless of what anybody says and be prepared with protective stops and profit targets as there is still potential for great volatility.

There are a few stock options I'm buying in this session 8-23-06 : UIC OCT 55 Call @1.90 - $2.15, XLB OCT 32 Call @ .80 - 1.05 and KND OCT 35 Call @ .50 - .65. Look at the underlying's chart patterns and make your own determination.