1. [QJ] 12:40pm ok, no doubt if mkt goes up above 1107, it will head higher to 1116-1125 target, this break UP, no doubt will lead by commodities, OIL, Gold, Copper, silver. etcThe only problem is financials, today's news on fed lending window is not good news for financials, fed cut discount window policy to 29 days from 90 daysnow any loan banks get from fed in exchange for their junk has to be returned in 1 monththis sector is going to be the first sector to short down once this mad bull run stopsI want short FAS and FAS Jan Puts 95P to 100P, once this mkt reaches 111x above.
2. [QJ] 1:30pm I added short FAS stock 78.46 200 shares to start with, I will add if mkt goes up, keep some short position on weakest sector, just in case.
3. [WP]1:30pm Market consolidate after yesterday huge advance. SPX amid 1121 as next target this week.
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