Market Update

The counter trend moves from yesterday continue. The dollar index, currency, and sp futures trades have all gone through there respective stop levels. Stock indexes still look like a sale and buying puts are probably the way to go. With sp futures I would sell 868 with a 20 point stop with a initial target of 830.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results