The failure of the 30 Yr. Bonds to run the unemployment stops @ 173.23

is running the Equity/Bond spreads which are all presently trading above their 200 DMA’s keeping the Equity Indices firm.

DAX...as long as the Futures remain above 10,650 on a closing basis this index will

be in an upward grind.

We’re long VXX with a breakeven stop on the remainder of the position @ 36.72 GTC.