Today seemed to me to be the converse of too many days we had from July to November last year. Days when commodities began the day strong, with the S & P in the tank, and as the day wore on, with the S & P tanking worse, it finally would drag the commodity stocks down with it, so all would be negative by the close. We had quite a few days like that during that period.

Today, surprising strength in the S & P early, with weakness in commodity stocks, and then as the S & P continued strong, our favorites turned northward.

Don't know what it all means, but the DOW, DAQ and S & P all surprised me today. These markets are perverse, don't forget it. Whenever excitement over PM's gets to a fever pitch on the resource boards, watch out!