yep.....should be interesting

Markets rally as Mubarak quits

Global stock markets shot up today immediately after Hosni Mubarak finally bowed to pressure and quit, though New York and Toronto pulled back as oil prices fell. Observers warned, though, of uncertainty going forward. Here's what some analysts said:

"Markets have cheered Mubarak’s handing of power to the army in Egypt. Consensus seems to be that this will lead to a smooth transition of power and it’s worth noting the slide in oil prices that have been seen as a result. There hasn’t been any serious shift in the value of the U.S. dollar, suggesting that safe haven buying hasn’t been terribly evident during the crisis, but this could well fire risk appetite further in the coming days. Clearly this is just the beginning, and any suggestion that the new elections won’t pass off without event could rock sentiment once again. It also raises the inevitable question as to which country will move next, with the possibility of a disgruntled population being inspired by the success of the Egyptians." David Jones, chief market strategist, IG Index

“The markets are clearly celebrating the end of Mubarak. I think that is a speculative thing to do -- it may work, and you may find out that it is way too soon to celebrate the crisis is over.” David Kotok, chief investment officer at Cumberland Advisors in Sarasota, Fla., to Reuters

“[People] see a lessening of the tension and they’re kicking oil out of the safe-haven bet and selling off what they bought earlier,” Peter Beutel, president of Cameron Hanover in New Canaan, to Reuters

“There was a lot of concern over what happens over the weekend - does it get violent? You'll see a nice rally here and then people say, ‘OK, that's it for the day.’" Jay Suskind, senior vice-president at Duncan-Williams, to Dow Jones

“The geopolitical risk and the incentive to buy gold on the back of that are probably reduced. Tension will still be simmering, but it won’t be as big a news story for people to trade off.” Macquarie analyst Hayden Atkins, to Reuters

“Mubarak’s resignation should end the crisis in Egypt. The security premium that appeared when the unrest began will probably come out of the oil price.” John Kilduff, a partner at Again Capital LLC, to Bloomberg

“The Egyptian story is adding a bit to the market because there is still a lot of uncertainty about what the situation will look like going forward. We rallied when he refused to leave and we are rallying now because we don’t know who is coming in. In many ways, it’s more uncertain when you have the potential for a power vacuum.” Christian Cooper, head of U.S. dollar derivatives trading at Jefferies & Co., New York, referring to the Treasuries market

“We are not out of the woods yet. The contagion thing is something that after this kneejerk reaction could be a possibility. I wouldn't short oil at all." Rich Ilczyszyn, a broker with Lind-Waldock in Chicago, to Dow Jones

“We got rid of the devil we knew, now we're getting the devil we don't know. The market doesn't know what to do. I'm on the sidelines.” Stephen Schork, head of oil-trading adviser the Schork Group, to Dow Jones