Motoring

So the spoos have hit 1376.75 and we have Ben Bernake speaking on capital hill this am. I expect him to say we skirted a recession and you can continue to party on. What else would he say? That’s his job. Anyways, 1410 to 1450 is our upside targets to still be bearish in this market I can handle heat up to that level. Trade em up there if you agree, but I will be loooking to get back short longer term if we can get up to those levels over the next 4-6 weeks. Time will tell. Until then trade em don’t marry em.