Stocks..

Same game , another day. A lot of stock rotation with no movement in the indices,
however there is lots of opportunity in underlying names.

Bonds…

30 yr Bonds…are stuck in the middle of the unemployment range.
A new signal is needed above 134 or below 132 for a new move.

FX…

AUD/USD…90.00 is near term resistance matching 147.40 support in EUR/AUD.

Commodities…

Oil…is caught in a 2 dollar range. You can day trade the range before tomorrow’s
inventory # when we expect a move out of this area.

Gold…is into support, which was close to the lows of Friday.

General Comments or Valuable Insight

Friday’s ranges ( Unemployment highs and lows) are important in the metals and the Bonds. Breaking out of those areas will elicit new measured moves.

Short Term View…

Trade instruments off their own technical s

Current Positions
           Entry           Stop           Targets

Short Euro                          133.40      133.40
Long Line (Sept 28 Calls)     1.30