Wow, what a lousy day for just about everything. Crude down $4. Corn down nearly the limit. Dow down 178. The only things higher were the "safe havens" of the PO$, gold and silver. Yikes! And if you think that's scary, wait until you see the gold chart. More on that later.
First, take a look at this incredible rally in the POSX. It should encounter some tough sledding between 76.60 and 77 but, who knows? If the euro continues to fall apart, anything can happen.