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Message: Re: Markets today

The prices of the metals will move north, I agree...but I'm not reading a whole lot into this move...it's probably short covering to close out books at the end of Q2. However, it is nice to see.

If Blackberry is any indication, the market liquidation phase will kick into high gear starting next week with earnings and forward guidance. Things could get ugly real fast. Look at what Europe did at the close. Tanked!

Expect the same here. Watch the 4pm close. If the selling accelerates, and the S&P can't hold the 50MA...get ready to run to the hills (unless you already live in the hills) and hope that you've been hoarding ammo for the last three years! :)

Sphin

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