My entry looks a little premature... Either the specialists are running the stops right now (seems like the most likely scenario) or this is poised for a down day. I'll know whether I am punting on this trade in the next 10 minutes or so.
I have been a trader for several years. My goal is to continuously outperform the S&P 500, and fund managers using a mix of simple and opportunistic trading strategies. I blog because it helps me think through my trades. Read for fun. Don't follow my trades - do your own homework.