- Very fast markets today. Covered a bunch of stuff and added some new short term long exposure for a bounce
- Not everything has lined up for strong bottom and this might be the first of five down waves
- SPY vs TLT ratio has worked very well again and it might turn in the next few days
- One of the reasons for the bounce in stocks could be tomorrow's pension rebalance
- I'll be traveling tomorrow so tomorrow's First Call will be the only note