Do the better-than-expected JP results change your view and outlook on
gold? Seems like the banks are really rallying today.

This market is BS.  WTF, 53% decline but because it's not as sh*$%y as
expected, all the financials rally?

There are more down days to come and I think gold will rise again.

this is just the propaganda machine managing perceptions. The writing
has been on the wall for a long time. I actually bought the drop last
summer thinking everything was ok. Then I woke up. This is just the
nice gubment men using your tax dollars to manipulate the markets.

MER missed badly.  Loss of 4.97 per share on expectations of a loss of
1.91 on average.  That isn't just missing estimates, that is an
impressive miss.  GOOG missing when expectations were for them to beat
is also going to hurt.  MSFT missed by a penny but shouldn't get hurt
too badly.

Come tommorow morning, the rally is over.  Expect most of those gains
in financials the last two days to be given back.  Also, don't forget
that there is nothing materially different in oil at the moment.  That
will jump back up as well when the boys down on the street realize
that the sucker rally is over.  They will take their money out and put
it back into oil futures.

good call Patrick
option expiry ... that means Mon. is a new option ball game
its the financials Whac-a-Mole game
the moles are starting to pop from their holes
grab you mallets and start whacking

we're in a waiting game on the oil rebound now as well.  When we get
oil goes back up, that is going to have a big effect.