A close today under 611.20 and the party hats will be put away

for a while.

This will trigger fund profit taking across the board.

Portfolio exposure should be reduced.

Goog 611 is a closing # with ramifications across all asset classes!

Above and the world maintains…Below will trigger profit taking.

30 Yr. Bonds…We took some profit right at this level after the 30 year auction on Wed.

A close under 128.08 and I will increase my LONG exposure to the TBT.

So go the bonds …..so goes the dollar…..Bond futures down=dollar up