AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument.

NASDAQ 100 Futures is within spitting distance of the tgt.

At this point I see no reason for this direction not to continue, baring some headline out of Washington late today. If we remain firm going into the last half hour of NYSE trading I expect us to close on or close to our highs.

We rolled out of the ETF’s into Long S&P 500 Futures today. The big reason is the flexibility that it affords us. We do not have to go home with a position over the weekend and be at risk.

Headline risk is a real possibility dealing with Washington. I never underestimate the Greed and short sightedness of our politicians. They will do as little as possible and try as hard as humanly possible to screw things up. Doing the right thing never enters their mind. I Like Sleep!

You can call me a mad, mouse clicking, pin ball flipping, maniac, but I would rather book the trade on the close and take a fresh look early Sunday. The trade off is simple, a big gap higher opening on a debt deal or business as usual, which will then allow us to re-enter at a better price.

We will also be closing out our Long Euro position @ 4 P.M. EST as well.

We are still long some Canadian Dollars.