On AMEX - Some upside yesterday. Got a bit of buy-in (on lower volume than the last few days), maybe on being over-sold technically. Or, possibly new spec blood, which might be a good thing, or cost averagers (please, don't be that guy). Riding that lower BB, with Stoch and Mac trying to show signs of Bullishness. Was there news?

S&P and Dow set to open lower. They are saying jobless claims are higher (told ya, that Mr400 had to find something to meddle with) and concerns over inflation will mess with the Market. Ok... Uh... These had not messed with the Market before and now they are concerns? Must be a slow news day. Actually, there is a whole lot more going on out there in front of us as well as behind the scenes. Anyway, S&P should see support at 1280'ish (100 Day MA), and if not at that point then could go lower. Am still in the chicken coop with one less toe. If you are still playing, three words - Stop Loss Order.

Gold pretty much flat over night, with a bump up at close of Sydney, and then a bump down at close of Hong Kong. Running at $1457'ish at this morning's NYMEX open and now showing movement jump above $1460.