Well, Bulldozer, thank goodness this BB has bulldog guard dogs!

We all have been expecting this route in the PMs and await it's demise. The miscreants are doing a full court press on many BBs I have visited today. It is a veritable onslaught, a major offensive during retreat.

We knew something wicked was coming when Nadler has become particularily nasty and pronounced "see you at $650". Then we have Gartman shorting and announcing it to the orchestrated media. These guys are informed well in advance by their "contacts". Of course IMF sales were again trotted out. On and on.....

Could it be though that the JPMs have bottomed here (please forgive me for using that rude media expression). I note that ECU is stable and oddly, many of my pennies are not budging. I sold them in anticipation cleverly outwitting myself. Maybe it's too early in the day?

If the forecasted market drop starts in earnest next week I believe that ECU should hang in there and not sell off in sympathy. Just a guess.

I note that I seldom if ever see commentary on something long forgotten, an element that has always played a major role in JPM success....and that is "speculative fever". It has been waiting in the wings, ready to pounce at the most unexpected of times. It has been overlooked and banished far too long. When it is unleashed, this will become a very enjoyable stock to hold....in my most unsolicitated and humble opinion.

Keep feeding the bull dogs.