Yesterday I said:
"This is important support and if the market will find a bottom this is about where it will be.So far the script is playing out predictably but let's see how the next two days go. If stocks, gold, and silver can start moving higher again it's game on. If not then hold your chips close and keep an eye on the door.
At the least I think the stock decline may take a pause for the GM IPO. The Street and the government have a vested interest in its success."
