Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session.

Dollar Bulls…We’re short the Euro and some Swiss. Use the same stops. 140.04 Euro and 108.30 SF(H) Swiss Franc. We’ll roll the contracts tomorrow at the latest since the currency futures expire Monday at 9.A.M. CDT. CASH traders..just leave them alone..USD/CHF stop should be 92.80.

Grains…As of now any investor who bought the Rice is now out as of this a.m. JJG…A close below the mid 51’s and we could very well see the low 48’s. Put this on your alerts. We’ll start looking for trade location after the end of the qtr.

Stock indices…Stocks…Some of you bought some individual instruments, which you were given very tight stops on. We are not bullish the markets and believe we will see a trip back to unchanged on the year in the near future.

Once again this just puts everything in a short term trading mode. Today we’ll have to see if the oil weakness brings out bargain hunters.

Bonds…Bunds..These are in buy on the big breaks mode. June Bunds will attempt to trade 123 ish.