Whoa dude

Where am I? Am i still on the beach, whats going on - who cares stocks still only go up. I imagine Foggy eyed traders are thinking these thoughts. The strength has subsided a tiny bit but the SPUZ are still moving up better than .5% right now. Note to self next time the unemployment rate jumps from 9.4% to 9.7% buy every future you can, the arguments from the bulls I heard friday was this is good lets get the worst behind us - huh? Thats all they could come up with??
DARKMATTER is flat to lower, a momentum negative, REITS and TECH are up, Banks are modestly higher (for now).
CHK is flying higher again today as natgas flatlines....Im reshorting a bit here - remember I have the calls in place which allows me to do this.

More later

JB