Today is shaping up to be an early day trading game with the spu having reached the 1098-1103 level yesterday. Today look for rallies to fail

initially around the 1095 level.

Price action over the above levels would in all likelihood send the bonds back towards unchanged on the week.

30 year Bonds need to be watched carefully today. We gapped up on the week from 132.

So if the bonds try and fill that gap over the next couple of days I can not envision the stocks just falling apart.

Pick your spots and tighten up your risk parameters.

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