Pain at the Pump…

I am using new highs from the 9 A.M. # ( 1274 SPU) to close out our Long SDS position…

107.90 (AUD/USD) 107.70 H Futures for trailing stops the rest of the day

EURO…The low is good for now, however we are still looking to sell rallies @ 133.90 with a tight stop.

So far the Spu’s are not backing off the new highs and we are not in the mood to fight the Yield chase in the big cap equities.