To set the pace for today Zero hedge tidbits:

“As part of Goldman's second hit piece in oil which the cynically inclined could interpret as merely providing Goldman with an attractive entry point to being long crude, David Greely cites supply-demand fundamentals which supposedly are "less tight." This is great. It would be even greater if it was based on fact.”

“And for those wondering, when is the last time Goldman ever dropped their oil price forecast? Well, usually a month or so before the firm hikes it to $150 (see 2008)”.

Meanwhile BNN reports this morning that none other than Goldman has essentially downgraded Canadian equities this morning as well. Guess they want to buy in cheap before the big rise later on.

US bond sales today and everyone waiting with breathless anticipation for Obama to speak tomorrow.

I saw yesterday by the red on my Cdn. JPM list that gold and silver would be hit again today.

Reasoned, seasoned knowledge and experience are now the underdogs when it comes to the markets….err, free trading markets that is. It’s called guessing and gambling on what the Fed., Wall St., JPM and Goldman will do next.

Guess being positioned in energy stocks, gold, silver and the JPMs is the way to go….if anyone can still hold their breathe that long. Exhale quickly and take a deep, deep one retailers…and tie yourself firmly on to the bucking bull….if you still have the strength.