On NYSE - KRY sp gaps up again at open, for a second day in a row, and hits 0.4388 before retreating to currently 0.3992. Volume now above 6.3M. Looks like very good support at this sp. Currently, the Specialist is giving the impression that a lot of buyers want in by showing a large Bid volume (about 120k @0.3900). Be aware that all of what we are allowed to see at Level II is not what is really going on. Technicals see Daily trying for an early bottoming and turn to Bullishness (OVB very supportive!), 15min and 60min going Bullish so should maintain any late day gains. We shall see where Senor Cuatro Ciento makes his mark, if need be.

S&P500 is currently down a touch. Restaurants mixed, Oil and NatGas down, Banks mostly down, Miners up, RecessProofers mostly up (hmmmm...). Today the overall Market is a touch down while Gold keeps on running strong, so be aware and stay diversified.

Gold is still a runnin' little Energizer Bunny. Last night at Hong Kong open saw the run up and $1210'ish price seems to be holding. GLD (which tracks gold price extremely well) technicals are very, very Bullish.