- Bears have had enough of Treasury bonds and are now headed into gold, in a big way. GLD and GG, my favorite gold plays are up 7% and 22% as I type. Fear is still rampant.
- Two of the 3-G’s, Goldman and Google are down while GE is up a fraction. Google looks like it is headed to $200 or another fifty points.
- Option expiration kind of nullifies the day as a meaningful indicator.
