Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

The returns of two-way trading.  (Dynamic Hedge)

Markets at a glance: key ETF performance.  (Bespoke)

News from 2011:  the launch of the Pimco Total Return ETF ($TRXT) is a big deal.  (Reuters)

The Libor probe has taken on a life of its own.  (FT)

The dilemma facing MF Global customers:  sell their claims now or wait.  (WSJ)

You really shouldn’t be holding out for QE3 at this point.  (NYTimes)

Measuring the degree to which the zero bound is influencing Treasury notes and bonds.  (Econbrowser)

The long term fundamental case for a much higher Apple ($AAPL) stock price.  (Slate)

Pinterest is officially mainstream.  (WSJ, NYTimes)

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