Good Morning,

First off, let me say that I don't think technicals from a few days ago, let alone a year ago matter. 

You know I like to start with fundamentals, so I will use my fundamental analysis to explain that first statement. We are in a very, very strange time for traders and investors (although the investors may like the recent 16% move up more than traders). Traders react to news and volatility and economic data, but when you have governments interfere, it can be very difficult to decipher the meaning and to react to moves...

Good Morning,

I reached my goal with 2 BADABING TRADES. 1% of the portfolio and I am not waiting around for:

**options expiration trade

**rumorvill

**end of day/week lack of trading trade

What is the BADABING TRADE? I will give you this one as it is a bit of trading psychology and you know I always include that in my writing. In Chicago, I would turn around and look for ______ at about 8:30am and he was gone. I figured out that he was green and took off. He didn't 

Good Afternoon,

What has changed lately? A lot or a little?

Fundamentally, very little when it comes to the US economic calendar. Jobs data in the form of weekly claims are leveling off and some may even say "improving".

Fundamentally, a LOT given international intervention, austerity, easing, etc... whatever you want to call it is fine by me.

Trading and investing wise - a lot! You have to be on your game to trade these markets as things can...

Good Morning,

I am not posting any charts, just a quick commentary on a couple of things. Before I get to those things lets discuss fundamentals.

1. Gov't intervention (or rumor thereof) is a daily occurence and has to affect your trading size and trading length and how you manage the trade

2. Earnings are still around daily and claims are coming tomorrow

3. Options expiration is Friday and typically options expiration weeks are up weeks in equities

Technically speaking, the reason I am not posting charts is we are exactly in the same place right...

Good Morning,

We have a packed week of data. Earnings, Bernanke, inflation (blah!), and claims.

Technically, we ended last week with a BUFFALO BOUNCE and began this week with a BUFFALO BOUNCE  in the EUR/USD: