Thanks Pabst, likewise I yours. I find your journal a worthwhile read. The caveat is that if we get a bit of a sell off here everyone will assume the Fed will be adding liquidity and that will be a negative for the $ as it was in Feb. when we had a mini correction. I paired my underwater long position today and am using it as a hedge of sorts for my long gold futures. Incidentally have you been looking at the Sox, it pretty much telegraphed the recent move up on 6/13 and may be giving us another indication here where we are going next.