I heard some of what Art Crashin’ had to say this am. He also said that if the Fed raises again in March that what has happened this week in the SM will look like a picnic. He also said that the jobs report was bullshit. Of course I’m paraphrasing but he said what we already knew.
http://video.cnbc.com/gallery/?video=3000476832&play=1
I’ve been scanning the options arena in pm shares and calls are ridiculously high today. I do like the way we are going opposite the SM although today still sucks.