One of the brightest and innovative figures in the trading world, the greatest man I’ve had the pleasure to have known and a Hall of Fame Human being, was taken from us Wednesday in a tragic traffic accident, His name was Barry Lind.

You can Google his name, a book wouldn’t begin to list his accomplishments or do him justice. Pretty much most of the financial instruments we trade today he created.

If Barry considered you a friend, you’re life was infinitely richer.
He was a man who made dreams come true for himself and those that surrounded him.

AUD/JPY…95.07 should be monitored for a possible weekly double top.
EUR/AUD…129.74-130.30 is the big weekly, monthly & qtrly momentum level.
Closing over this level will lead to another big swing up.

USD/JPY…93.88 ( app 106.80’s Futures) is the next significant Fib on a 6 year swing.

General Comments…

The game is still SPU/BONDs…with the individual names running the show.

We’re going to stay with the game plan until such time as the technical pattern takes us out of positions or we see a pattern or tgt level to take a Risk off shot.

A lot of downside protection was purchased in the equities yesterday, however the last 45 minutes in the day will dictate who
is in control, Bulls or Bears.

This Bull trade will blow up just like every trade blows up. Until then we’ll use trailing stops and wait. Ride the ride and be vigilant for those little lemmings to form up and run over the cliff.

Model Trading Portfolio……………..
Stop Close                         Profit Points
Long Silver (H) 30.50 Puts
Long ANR                                                                                             11+/ 12.30

Long EWZ                                                56.05