Tomorrow is month end. Directional changes are more likely on or around these dates.

Last month,which was the qtr close, we wrote about the Euro and the likelihood of a directional turn.

It turned alright and I am now going to be patient to see if we get another turn, this one in the stocks and bonds

over the next few days. The macro levels in the spu have not changed. A close over 1127.50 is needed tomorrow for an outside reversal

month to the upside. This would be price positive stocks.

The beauty of trading is that you do not have to be involved.

Grains have been one of the better trades this month. I definitely jumped ship a little early.

Wheat is within a few cents of an interesting tgt. and is very overbought. I will be patiently

waiting another opportunity to play in that sand box.