Buon Giorno!

By -

Just a quick hello from Tim in the wee hours of the morning. Given Friday's peculiar behavior (down hard on wretched employment numbers, and a dazzling reversal in the final portion of the day), I was very curious to see what Sunday/Monday would hold.

So far, it's "holding" very little – the Euro and ES have been inching down continuously since Sunday evening's open, and as I'm typing this, the Euro is down over 1% and both the ES and NQ are deeply down double-digits (how's that for cheerful alliteration?)

Late Friday I had 64 shorts and 1 huge long. Thank goodness I decided to sell the long shortly after the closing bell. I have dozens more shorts of interest to me today to amp up that position.

0711-es