Someone here posted this site below sometime ago and just want to thank them as its a fun site to read and often contains some good info. I don't know maybe its because the guy refers to himself as "The Turd" or from "Turd's World" that gets me to chuckling but just want to mention this site again for anyone that wants a chuckle too from time to time. (I am glad he doesn't post a picture of what he looks like, like the rest of us do or it could be quite nasty - LOL) An excerpt from the site follows.

(The note below was posted after Friday's close (2/18/11)

"1) After yesterday, you could have expected a soft opening. You didn't get it.
2) The CME raised margins. In December, silver dropped 10% in 2 days following a similar announcement. Today, price vaulted higher.
3) Understand this. Silver went down into the close as speculators who piled into the March contract over the past 48 hours liquidated and took profits rather than hold over the three-day weekend and meet their margin calls. This is totally, 100% natural and not significant in any way.
4) At around 2:00, Blythe may or may not have tried a raid. Its impossible to know for sure. Either way, the new support level of 32.30 held.
5) AND THIS IS BIG...On a Friday, heading into a 3-day weekend, from 2:30 through the Globex close, we rallied about $0.35. HUGE. SIGNIFICANT. RALLY. This tells me that our BoS...those that are standing for delivery in two weeks, seized the opportunity presented them by the weak-handed longs that sold into the close. The BoS BOUGHT. They are resolute. Margins don't matter. They are not afraid. They are ready for next week."

http://tfmetalsreport.blogspot.com/