Two things of note today is the Fed meeting this afternoon and

October Crude Oil expiration this a.m. at 9:30 cst..

Investors who are long equities…This game is going to take all day

to play out…Keep a Nasd futures stop at 1968..I am not willing to risk much

on this trade. 1970 will be pivotal for market action in both the Spu and nasd..

(Nasd is the leader!)

Euro longs should leave a break-even stop around 130.40

The euro needs some time to work through this 131.50 area..

Metals are in retrenchment mode.

Day traders should focus on the oil today for opportunity

Fyi…. I will be out of office for the remainder of the A.M.