Good Morning, Slopers

By -

I'm going to make this really quick; indeed, I'm not going to be very active today since all eyes are on the FOMC and I'm getting myself ready.

I entered the day long SPY and short 79 items. I got the hell out of SPY at a nice profit and have added a few more shorts. I am a pure bear again.

I am still only 50% committed, thanks to Bernanke-fear, but my short on FXE is my current favorite. I think the Euro is going to finally give us a sustainable trend on which to trade.

Good luck today. It's going to be a wild ride.

1213-beard