The world has turned into a Time Frame-Lemming Effect-Technical Trade. If you try a trade in one time period (I.E. U.S. session) and you don’t get any love, you can simply wait for the next session ( Asia) and you could get rewarded. Just pick the right technical level to give it a whirl.

The directional reversals have been stark. Unfortunately, for ETF and Single stock traders, it makes it a much more difficult environment than for Futures traders. The Futures traders have the ability to sit out a time frame or two and easily get back in without giving up a lot.

It’s a big advantage to go neutral a position, and put them right back out when you get technical confirmation of direction. Simply put, ETF traders have to withstand more volatility and bigger draw-downs to have a directional view. They simply are not yet available to trade on an all session basis.

What I am not doing today, is buying strength 3 weeks in a row, mid-week, in the Metals. Lower metals prices into unemployment would have me checking the prices at the local vet to be euthanized.

There is a lot of anticipation built into tomorrow’s ADP # coupled with the ECB rate decision. Tomorrow is another day and the Lemmings will be running.

We still have a small Long in the SPU & NASD Futures

We are Long AAPL ,

We added a little Hong Kong via EWH