Crash and Dash

Here's what we had and covered:

• Long US from 116.25 out at 117.23 (Old Baron's call)
• Short SPU from 1108 covered at 1094 (Mr. Practical Thinker nailed this one)
• Short the AUD from .9000 from the overnight session of 2/22-23, covered at .8895 (Mr. PT again)
• Long the ECH10 135.85 from 248. We are looking to sell this out entirely for a fractional winner
• Short EC at 1.3585 covered 1.3520
• Short CLJ10 from 79.875, we were almost stopped out at 81, but it held and we covered at 78.855

Initiated the following:

• Our much beloved U/U (Fed Funds vs ED) is back in play. We're long from an average of 27.5 targeting 31
• In the ED we are long the U/Z futures spread from  30.5 targeting 35.
• Long GCJ10 from 1104 with a tight downside stop at 1097 and a target of 1127 {Got Stopped Out in the overnight session on German comments about not helping the Greeks 2/24}
  
• SPX H1050p, we would recommend a very short term trade of shorting this put. Look to cover within 48 hrs.{{We bot the H1075p for 10.00, effectively locking in the 1075-1050 p/s for $2.00. There is a gap from 1074 to 1093 from Feb 16th and we will be looking to capture the retracement as well as a bit of follow through. That p/s is currently 3.25-3.65 on settles 2/24}