It's Support... It's Resistance... It's S&P 1550...

Is it support?  Is it resistance?  It's still unclear, but a definitive breakout in either direction will make me money.  Perhaps we may even get both before 5 April 2013.  

With the Cypriots in the headlines and Bernanke up on Wednesday, it's likely the next few days will continue to be volatile.

Dare I hope for beautiful profit taking in both directions?

The first relatively green day for me in a long time, but tonnes of puts expired for me on Saturday, including my XLF, XLK, and DIA puts, resulting in 100% losses.  The major lesson I learned here is to aim for quicker asset reallocation.  It's important for one's levels to remain in the money.  With my DIA $139 puts, once $139 became support, that position was finished.  

Congrats to the VIX and USD/JPY traders... major day today with +19.73% on the VIX and +1.06% on USD/JPY...

+1.58% SBA (41% cash)
-0.42% Roth IRA (68% cash)

-0.43% DJIA
-0.35% Nasdaq
-0.55% S&P 

-0.49% FTSE
-0.27% Eurofirst
-2.71% Nikkei
-1.68% Shanghai

+0.19% WTI
-0.35% Brent
+0.81% Gold
-3.08% Copper

+19.73% VIX
-0.33% DJT