$2 Buck Chuck

Lots of deflation on the open this am, but once again, we have yet to close under the January Lows, it will shake out todayone way or another. BSC woth 2 bucks, LEH< GS< MER and all public banks but JPM are getting squashed. There is no where to hide if you are long any assets off the open. The “news” has been out for 15-16 hours already so the damage may already be done. Watch your pivots and trade accordingly.

over 1281 you have to be long up to that point you should be short, the 1258 area on spoos remains the line in the sand.

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