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267 Billion in Treasuries by year end. Who can really say what this means? It’s not considered QE? The market reaction was brutal and now we’ve bounced beyond the morning highs. Strange. It’s like the market just wants to destroy the shorts, at all cost!

One strange day. I’m glad I wasn’t behind the computer watching ¬†schizoprenia live today. The shorts got nailed over and over but the open interest and volume numbers on the SPY are interesting. These are the June 22nd expiration.