Hi Hobstas 

Well it doesn't take much to tell you that I am bullish on silver and Gold. I have been bullish on gold for quite some time and had the hobsta lounge cubs doing the same. Now I am joining the sliver band wagon. On every dip I add GLD calls and now will add SLV calls.

Now what I want to point out to you all that there is very very light volume, which means the small group of traders that are trading can push the tape either way. Usually this means up, but I want to point out that there is the most open interest on the call side on the spy above 111, so I do believe they will try and pin this triple witch @ 111 on the spy and 1110 on the SPX. 

Now to a chart of gold and silver:

Be very careful today as things will chop around rather quickly. For next week I can try and tell you that I know, but I know that the bulls have the ball and will try and push this as high as they can and the feeling is that the correction is over and that all is right with the world and as we know that's just not true. Watch for that 1120 level on the spx as the next level is  1136 area or the 50 day MA.

GLTA and TGIF

Peace Love 

Anna