Hi All,

Tough morning as the SPY managed to grind to the stinky 5s upper range in the face of a daily mini inverse pup attempt.  We hit CRM SHORT at 58.73avg to scale out 58.59, 58.64 and 58.84, out + .14, + .09 and + .11.  We scaled into WSM SHORT at 75.86avg (fib resistance at 75.80s) for a reversion on 1 minute mini inverse pup slips to scale out 75.58 and 75.18, out + .28 and + .68.  We hit CZR SHORT at 15.56avg to scale out 15.26 and 15.40, out + .30 and + .16.  We started to SHORT YHOO from 51.30s up to 51.90s to average 51.57 on heavy size.  The halgos were swarming this one on a slow grind with very little pullbacks.  The wet climate went dry so quickly that we found ourselves trapped in the slow grind.  YHOO peaked initially of the 52.08 which was 60 min upper bbs and made a reversion to 51.80 support and coiled.  We scalped out at 51.90, out - .33.  We added more YHOO SHORTS into the climax perfect storm at 51.15 and 51.20 to bring average up to 51.74.  YHOO finally made a 5 minute stochastic cross down with 1 minute mini inverse pup that cracked through the 15 minute 5 period ma to trim out 52.03, 51.92, 51.83, 51.78, 51.69 and 51.71 into the perfect storm 1 minute low band leans.  YHOO was an anomaly this morning but we kept our cool, used the first real reversion to trim down shares and then reloaded near the highs to bring up our average price and cover into the reversions.  Closed out the morning with - $2,297 losses for our first draw down day in over a month.