You did well at anything below 54 . It seems to have a lot of support at 53-54. The challenge will be to get out closer to Q2 earnings without losing a ton on paper. Volatility is not going away, but one day (hopefully sooner than later) we will get a nice boost from Yuan being moved up 2-3%. That will lift all commod boats by killing the "China hyperinflation" fear factor.

Boy, either the Pres is in hiding or he really wanted to dodge the Dow crash issue. Every bureaucrat who has spoken about it to date sounds like an academic giving a speech on "What not to do with Computer programs". It took a Mark Cuban to simply describe the fundamental crookedness brought about by a mis-aligned banking system.If you run a small to medium size business in the US today, your banker still meets you with fear in his eye. We are in a period of fundamental change that is going to be very slow creating jobs or spending in North America. Hopefully world growth will carry us for a couple years.