We are below 1,351 on the S&P. If we close below this number were looking @ 1310-1323 for our next support level.

Is this a shake out before the Beige Book or a heads up?

Considering I covered all shorts yesterday, I am inclined to believe the market will tank.

That is OK since I can re up shorts and buy stocks on the cheap with my egregious cash position.

All sorts of panels now saying the markets will trade sideways…What happened to closing the year out at new highs?

Mad props to the FLY ” Ghetto Style” on calling a suckers rally yesterday: Thanx {sic} for stopping me from buying shit that is cheaper today and may be even cheaper in the near future.

Traders Note: USO/OIL is doing a BULL FLAG!