Eoin Treacy's view I will be heading out to Vermont for the 51 st Contrary Opinion forum tomorrow evening so I have been tailoring my positions to cater to the fact that I will be away from the office.

I decided to close my long in the December Nikkei-225 contract this morning at 14,570 against my rolled forward purchase at 14515 on September 11 th .

I have also lowered the stop on my S&P 500 short position from breakeven to in-the-money. The Index continues to drift lower as it unwinds the short-term overbought condition and is drawing progressively closer to the progression of higher reaction lows that has been in evidence since November.