Glad to be back and trading.  Keep an eye on HK today.  It closed below its secondary price.  If it shows weakness on the Open I will play the downside momentum.  HK closed below the secondary price but it didn’t show extreme weakness into the Close.  So I am looking for confirmation that HK will trade lower.

Not a great sign for LEH that it got hammered after it gapped up on the Open.  The XLF did rally a bit into the Close but overall LEH was very weak yesterday.  LEH was certainly the weakest of the banks- MS, JPM, GS, MER.  Does the market think they are the next market blow up?  I hope not.

After a week away from my screens I traded with less size yesterday.  A feel for the market is very important.  When you are away for more than a few days your feel evaporates.  I need to regain my feel.  Until I do I will continue to trade with less size.

Looking forward to making some more good trades today.  Good luck with your trading!