HIGH:1892.00
LOW: 1870.25
LAST: 1889.50 UP 31.25 Handles
TOTAL VOLUME: 1.3mil ESH, and 3k SPH traded in the pit.
MOC: BUY $320mil

FOR TOMORROW:
MBA Mortgage Applications, Housing Starts, PPI-FD, Redbook, Industrial Production, Atlanta Fed Business Inflation Expectations, E-Commerce Retail Sales, 4-Week Bill Auction, FOMC Minutes, and James Bullard Speaks.

Question of the day: Is the bottom in?

Has all been forgiven?

China’s OK?
YEN carry trade is OK?
Crude is OK?
FED’s rate policy is OK?

I don’t think so…

Download all of the February expiration stats here…


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