On NYSE - KRY sp is very near the closing price of 0.3500, currently 0.3458, with volume just now topping 500k. SP touching on, and dipping below at times, to the MA50. Appear to still be seeing the beginnings of the down part of the cycle, but in an ever so slow way. Would be a good sign if sp can stay above 0.3360 during the down part of the cycle.

S&P500 is down nearly 2%. Market awaits AA report after close, which may be an indication of the Market direction and kicks off earnings season. Russell 2k indicates spec players dove in and are now backing off. Banks down, Gold miners up, Big Oil down except BP, NatGas down, Restaurants mixed. Options Expire this week. For you Beer drinkers - German and Mexican beer are now one in the same with Heineken's deal with Femsa. Stay diversified. In stocks - not your Beer drinking. Ok, maybe in your Beer drinking, too.

Gold up big after the weekend rest. Went above $1160 and now running around $1150'ish. GLD technicals see sp touching the BB with Stoch and Mac topped. However, there is very strong support in the OBV. Might hold, but seeing selling pressure.

SCC, er, uh, GW has spoken. Close will be 0.3500. Verified with Turkey Bonz this week - left overs from the Holidays. Have a good one.