Thoughts ahead of Fed (meeting at 2pm, 2:30 press conf): I think despite the Bank woes , the market (particularly growth names) have been on a really nice run QQQ is up 7 out of last 8 days (today included) and +6% so far this month! So, if you are mostly trading this group, you have to ask yourself , are you looking for more at this point? how much more? Are you seeing new / fresh setups or are some names in growth getting extended? These are just a couple things to think about ahead of a big event. The market can always go higher (anything is possible) but I think we have already priced in a more dovish Fed given what the Fed Fund Futures are pricing. So I do not mind a little digestion post Fed if it were to take place.