The market is bobbing and weaving with every headline. This news item came over my squawk (Sigma Squawk, shameless plug) @ 7:17am CST, "Reactor #2 is smoking or steaming", which sent Equity index's down very briefly. IF (and that's a big IF) TEPCO is able to generate power from Fukushima in the near future (I seen a headline that said as early as Friday) Equities will go strong bid and my ES v Dax trade will trade into the +200/+100 bps differential quickly.
Good luck today.
Hemi
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