Pre Market TAO 5-29-09 Friday

The Daily TAO is Green...... Over night the world got Bullish .....world stocks r up....gold is up......oil is up......yields r down ....the dollar is just tanking........

The S&P Futures are running up to the Wednesday high of 914 and could touch the the 919 before the turn back down........the SPY will most likely gap up on the open to 91.75 .....I will sell the high of the first 30 mins .....and exit at the daily pivot zone 90.60 ish
The pending economic releases this am ......Chicago Pmi at 8:30.... prelim GDP ......Mich sentiment at 9.55 et....may make the wheels spin an extra 30 min's before the market get traction....