Many equity indices have cleared death parabola, at this point I'm worrying a bit about getting on late nonetheless. However, clearly being just 1x with a mainstream equity index has been a winning strategy previous two months. Meanwhile, I've been making untalented intraday trades. To be fair, when I opened up this journal with the title "intraday adventures" I was kind of hopeful for volatility to remain high for at least a part of the year. Now it seems we're back to QE-style calm (but it may prove a dangerous assumption to make).