On NYSE - KRY sp in the down part of the cycle and actually holding pretty well all things considered. Although volume does seem low, currently a bit more than 400k. Seems the court rumors are not really doing anything to sp. Also, gold price not moving this lotto ticket.

S&P down a touch (about 1%) with about an hour left of trading. Pretty much all of the Market is down with a touch of green here and there. Seems the Market does not like the idea of TARP bucks being used for job creation, as suggested by Obama. However, technically, the Stoch and Mac had already been all Bear claws for a while, so the Market has been doing a normal pull back. No reason to blame the messenger.

Gold down, then got a bit of a boost when Obama took the podium, then continued down. Lunchtime saw the gold price fall off of the table at a rate of about ten bucks an hour. Overnight it popped at open of HK and then another pop at London open. The NYMX opened and gold took a hit until the little pop during Obama's chatting. Currently about $1125 and trying to recover. GLD technicals (which follow Gold very well) shows the lower BB and sp may converge around $1070'ish.