It's not 350 handles. Anyway I've been long at 2 times leverage on the initial trade since April 2009 so I can hold. Day trades on the other hand are at 10 times leverage and this is where day to day income comes from.
Market digesting initial pullback and getting a long set up together on cash to spring from. Initial move will go to 2660 followed by short respite and continuation higher. Very good market for longs intraday right here.