On NYSE/AMEX - KRY sp sees some profit taking to open and now up a touch. Volume less than 300k at this time. May have a tough go in gains as it seems some of the upside may have been already built in. Yesterdays move, from time of news at 1030am to peak a few moments later was 0.3544 to 0.4100, and was a near 16% pop which is significant and means someone is paying attention. However, the recent bondholder news, like other news for this stock, may take a few days more than the usual to get around, since there are much fewer Big Guys in this. Monday could see more upside action as Daily Techs comes around. Not sure if end of the year additional padding will be seen much as Big Guys are fewer. Technicals see 15min in Bull mode, 60min dragged kicking and screaming into Bullishness, and Daily turning to the better. Gotta call a 0.41 close.

S&P500 up - The Market likes RIMM (Wow!, up better than 11% for a bit - lucky me) numbers, as well as NKE and ORCL. Pretty much a sea of green ocross the board. The BB channel has narrowed quite a bit for both the S&P and Dow. Interesting that RecessProofers are mixed. May watch for some end of the year "padding" as, after today, there are only eight trading days left, with an early closing Christmas Eve. So much for the month's Options- Stock Index Futures, Stock Index Options, and Stock Options all expire today.

Gold up a touch day-over-day. Rested at below $1110 overnight, and been fairly steady between $1110-1115 with a little bit of a pop at Market open. OBV of GLD is non-supportive, so there may be more downside to come. Seems to be some indecision at this time as far as trusting the Market or trusting in Gold.

The Memo for Mr. Market was drafted and sent. Possibly not taken seriously as "Hello Kitty" Stationary was used. More likely may have been a mix-up and sent by snail-mail rather than by e-mail.