The CPI Number, a Drop and Pop.

The S&P at this level in October here was so incredibly oversold that there was only, I looked at it thatthere was only two outcomes. Obviously, betting on a crash is always a low probability. The way I kind of am looking at these levels here is you tactically start grabbing at some buying, but you should be hedged out. For the trade off of the potential of an upside move that volatility is, in my opinion, reasonably priced. You can grab out a little bit of risk on the upside and see whether this thing can actually get up to 4,000 or more into election period.