Only place safe is silver, gold, and oil futures at least for one day. Except for a final half-hour buy program, markets should have been worse off. Bernanke is lucky he has an unlimited printing press, at least until the Chinese decide to call his bluff one day and say "no mas" to U.S. Treasuries.
SPY down .74%, DIA down .72%, QQQQ down .5%, IWM down .47%.
NYSE Breadth was 2 to 1 lower. 202 issues closed at 50-day highs.
All about Jim Roger's Commodities:
Silver via the SLV up 1.28 to 34.69 (a new 31-year high).
Gold via the GLD up 1.26 to 139.35.
Oil was led by IMO up 1.15 to 54, DBE up .26 to 30.99, COP up .43 to 79.98.
Gasoline via the UGA up .48 to 49.66.
Nasdaq Big-Cappers led by PCLN up 4.34 to 469.13.
Railroads led by RA up .07 to 15.77.
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