On AMEX - NAK sp taking a gap-down hit to open. Yesterday, it sure looked like day traders shorted then covered at the end of the day. Although, volumes do not seem to add up. So, have to conclude that there was actually strong buying by those who have done their homework. 50 day MA is in a downtrend and 14 day is leveling out. SP rolling off the upper BB, so just a part of the downtrend portion of the cycle.

S&P and Dow set to open lower. Seems that beating the numbers (AA started earnings season) is no longer good enough. Japan nuke problem upgraded (concerning initial problem, not current problem), although being diligently worked on. Libya escalating again. Still lots of unrest in the world. Be cautious and have stop-loss orders in place.

Gold saw profit taking yesterday. Open of NYMEX sees a pop up. Continued down pressure overnight until lunchtime in Hong Kong. London also buying after their lunchtime. World tensions may cause another up move.