This was the day we had chosen for the potential turn point in the stock market. We gapped up strongly this morning and faded. The market has lost big gap ups in the past week which is a sign of exhaustion. I am selling the other 1/2 position@ 1292.36 in the SPX.

I still want to sell 1/2 postion in the 30 yr. @ 146-00.

The euro is appearing to have hit a short term low. We are due for a bounce. No correlation with the market at this time.

Gold and silver may consolidate with equities expected to go dow. Buy and hold physical between now and end of Feb.