We are presently stopped out of the Euro with a 20 tick loss and another 1/3 of our SPU/BOND spread (Really Nice Winner) on our trailing stop. We still have a 1/3 position left. We’re still short the Aussie, however we will close out the rest of our Short SPU/ Long 30 Yr. Bond position as well as the AUD/USD with a close over 1326 in the S&P 500 Futures.

We’ll know in an hour if I panicked and need to run to Walgreens for a fresh supply of depends!

The Euro in general needs action over 142.50 to get long term investors to start heading for the hills.