Although this correrctions is no fun for everyone, it makes me 90% sure that the precious metals sector will experience a significant bullish rally into May/June. It's hard to know the bottom exactly and we could get a few days of consolidationor a little more decline but the worst is likely over for the sector.

I bought more ECU today at .86 and .87 cents but am getting a little tired of buying opportunities in all my precious metal stocks and base metal stocks but buy I must when they are being fire saled.

I note that Raymond James has bought around 350,000 shares so far today and a few other house buyers we haven't seen in sometime have shown up. The seller has been Anonymous at over 400,000, likely TD hiding, and Jitney as usual lately. Wonder if shorts will attempt to cover some here.