Let me re-state that we are a custom shop that does much of our work on request.

The majority of our clientele are professional full-time traders who’ve been around the block (presumably, adults that can make up their own minds and pull the trigger on trades best suited for them). Our forte is to paint the most probable price action picture, so they can have another experienced set of eyes looking for set ups around the board which they then can either use for confirmation, or act on.

Sometimes traders get so focused on the product they’re involved with they miss the other games being played out ( they can’t see the forest from the trees). Hopefully that’s where we add significant value!

We are constantly looking around the board to find the least risky way to play a particular capital flow ( Risk On..Risk Off) at any given time.

USD/CHF held 85.50 which speaks to the fear factor within the E.U.

It’s equity index expiration today. Be patient- what happens after 3:15 today CDT is of far more interest than how things get priced today.

The downside #’s in the indices have not changed. We stated several weeks ago we were expecting a new low on the year in the S&P. Let the games begin.

MODEL TRADING PORTFOLIO…CURRENT HOLDINGS

LONG TERM HORIZON….

Long… GLD,SLV,

SHORT/MEDIUM TERM HORIZON

Short S&P 500 Futures or Long SDS …30% of original position

We have paid for all these trades. Only small positions are left. ( We’ve locked in the majority of the gains)