On OTC - SP hanging slightly above lower BB with a slight downtrend over the last few days, possible selling over the Big Guys' disclosures of bailing. Touched lower BB (about 0.1730) yesterday, then rebounded. 50Day MA trending up at about 0.1630'ish and rising. These are the support levels and looking for them to hold, especially 50Day. OBV is flat for last week, or so. News will drive this. Offering will likely close, but US holidays may delay announcement. As long as before Dec23, it should be all good. How sp moves depends on how much is given to the new investors.

S&P and Dow looking to open sharply lower, while trying to stay within striking distance of their respective 50Day MA support levels. Both broke through a couple of days ago, so pain continues, especially today with German Bund sales not so good, Jobless Claims up, and Durable Goods down. Europe problems are still not solved. German Bunds are the best of what Europe has to offer. Also, do not forget the continuing Middle East turmoil, along with China not acting like the wonderful economy that everyone thought it was. We could possibly still see a Santa Claus rally into the end of the year because Wall Street wants their big end-of-year bonuses, but to what extent that rally might be is anyone's guess. Today, could possibly see the Market flatten or maybe come back a bit after Europe closes, at 11am ET. The day before Thanksgiving and the day after Thanksgiving has traditionally been up days for the US Markets. May see tradition broken. Anyway, be aware that tomorrow is a Market Holiday in the US, and Friday trading will close early in the US.

Gold and Silver showing that they are just another pair of slot machines in this gambling house of buying, selling, flipping. Futures flipping should be coming to a conclusion. Again, it is Europe driving the boat towards the falls. SLV Silver chart is technically broken and Bearish. GLD Gold chart is trying to rally around the 50Day MA, after a lower high. Junior miners still being taken out to the woodshed and beaten like the rest of the Market. News of a financial solution out of Europe could change all of this.

Paraphrased from my post in OT - Rough and tumble Market out there. More of a gamble than usual. But, if you must play, a reasonably good guage is the 50Day MA. Companies with sp below the 50Day are NOT a bargain. Let the other guy buy in to move it up, or let the 50Day come down and catch up with sp. You may not be in at the bottom, but your risk will be less with sp above the 50Day. Once in, place a tight stop in case your guess/bet is wrong. If you get stopped out, you can always re-evaluate and put down another bet.

Hang in there. Hope everyones long Holiday weekend, for those having the luxury of having the upcoming days off, is enjoyable and safe.