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*** Tsys hover just below session....>

US TSYS/STOCKS
US TSYS/STOCKS: *** Tsys hover just below session high prices after some FX-tied
buying going on (due to weaker dollar/yen) on Spanish apparent 'terror' incident
of driver plowing into a Barcelona crowd intentionally, said traders. The market
had been whipsawed today by morning speculation that US White House's Gary Cohn
could potentially resign, which spurred Tsys buying by real money and fast money
short-covering; stocks declined on that speculation and on sell programs.
- But then Tsys ebbed off session highs on denials of such Cohn resignation
speculation, which spurred real money sellers in Tsy intermediates.
- Then the Spanish incident occurred, and then more short-covering happened, as
noted above. In other action traders said there appears to be some unconfirmed
asset allocation shifts (from stocks into bonds) that is going on, too. 

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