Muke,

Tomorrow is triple witching expiry for equities, and I believe next week for the metals. Then, the week after that, just for fun, will be the jobs report....or will that be announced on July 08? With QE2 expiry next week, on the 20th, I suspect a BIG drop in all markets just before tiny Ben announces the new equivalent of QE3. Swami Obami needs the perception of saving us all once again, to kick start his plummeting popularity. Only this time, where will the QE3 money go? Can they just fork it over to the European owners of the Fed, like QE2, or find a more subtle way to steal it again?

Notice how the HUI hasn't been this oversold on daily or weekly charts since Oct/Nov 2008?

N