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Silver Retraces Entire Post Crude Margin Hike Loss, Even As General Collateral Rates Rise On Broad Liquidity Withdrawal

Tyler Durden's picture


While the equity market resumed its now traditional (for the past 6 months) smooth levitation, with little to no volatility and even less volume, the most interesting asset class was silver, which after dropping to under $32 yesterday, following the various attempts by the administration to kill assorted commodities, rose by 4% today, closing at the day's highs and wiped out the entire loss from yesterday. Ironically, this happened even as general collateral rates rose today. "The reason for the rise is an increase in the volume of Treasury securities available to be used in the repo market as general collateral. The Treasury Department on Friday settled an issue of $25 billion in 49-day cash management bills, and the $99 billion in new notes it auctioned this week will settle on Monday." Of course, this was offset by another 56-Day CMB offsetting the winding down SFP (total SFP holdings are now cut in half to just $100 billion). So despite a major liquidity extraction from the market, not only did stocks rise (which can traditionally be attributed to POMO in a low volume environment), but the biggest beneficiary was silver, meaning that even in a tight liquidity regime, most investors now prefer to pursue commodities as an investment class, something which had not happened previously.


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Fri, 02/25/2011 - 17:20 | 997938 Misean
Misean's picture

So, BTFD is still it.

Fri, 02/25/2011 - 17:26 | 997952 Thomas
Thomas's picture

BTFFC (flash crash). That was the shortest bear market I ever saw.

I bought some ounces right before the FC. Glad to be saved on that one. Of course, I've been buying since '99 and selling since...well...someday I will start.

Fri, 02/25/2011 - 17:26 | 997961 Harmonious_Diss...
Harmonious_Dissonance's picture

I bought the top earlier in the week (doh!) but hey, now were right back! No worries!!

Fri, 02/25/2011 - 17:30 | 997981 Misean
Misean's picture

I have all my '99's in a special box in the safe. :D :D :D :D

Fri, 02/25/2011 - 19:28 | 998408 bankrupt JPM bu...
bankrupt JPM buy silver's picture

Word has it that silver is a bubble...

Fri, 02/25/2011 - 17:21 | 997941 Ragnarok
Ragnarok's picture

(Borat voice) Is nice. 

Fri, 02/25/2011 - 17:24 | 997951 potatomafia
potatomafia's picture

Crap, I was banking on it retracing back to the ~$30 range..  I hope I still get that opportunity in the next couple weeks.

Fri, 02/25/2011 - 17:28 | 997968 Harmonious_Diss...
Harmonious_Dissonance's picture

I'm picking up again tonight, screw it! Times are too crazy to wait for some 8 hour dip, IMO

Fri, 02/25/2011 - 17:52 | 998062 Amish Hacker
Amish Hacker's picture

In a market where "buy and hold" means "for 20 minutes," an 8 hour dip is all you're going to get.

Fri, 02/25/2011 - 20:12 | 998543 Triggernometry
Triggernometry's picture

I'm buying tonight too, but I regret not buying two weeks ago when I witnessed the fucking dip to $27 at 1am.


Fri, 02/25/2011 - 22:06 | 998817 Blank Reg
Blank Reg's picture

I got my $7000 disability back pay and scampered down to my favorite coin shop and dropped some dead presidents on 10oz bars. There was no part of that, that wasn't fun!

Fri, 02/25/2011 - 17:25 | 997957 silvertrain
silvertrain's picture

banging the close bitchez!!

Fri, 02/25/2011 - 17:27 | 997962 mike97
mike97's picture

Blythe got her knuckles rapped today. Rumours are she's paying a very hefty premium to get the traders to not stand for silver delivery Monday.

Fri, 02/25/2011 - 17:28 | 997967 Mad Max
Mad Max's picture

Inquiring minds want to know.

Fri, 02/25/2011 - 17:29 | 997975 Harmonious_Diss...
Harmonious_Dissonance's picture

31 days 22 hours 3 mins 10 seconds

Fri, 02/25/2011 - 19:42 | 998457 duncecap rack
duncecap rack's picture

Is that when they have to deliver by? I am a miniscule player who is trying to win enough money playing options to buy physical. I bought calls on a silver miner that are working out quite well but I am trying to get a sense of when the upwards momentum might level out a bit. Any thoughts would be welcome.

Fri, 02/25/2011 - 20:11 | 998504 Hearst
Hearst's picture

Any word on how many March comex contracts are standing for delivery?  Harvey posts Fridays info on Saturdays.

Sat, 02/26/2011 - 17:42 | 1000374 New_Meat
New_Meat's picture

check Turd Ferguson's blog.

Fri, 02/25/2011 - 17:27 | 997969 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

I'm sure they are hedged.

Fri, 02/25/2011 - 17:35 | 997992 Harmonious_Diss...
Harmonious_Dissonance's picture


Fri, 02/25/2011 - 18:12 | 998122 JPMorgan
JPMorgan's picture

I agree, they will be hedged.

Fri, 02/25/2011 - 21:14 | 998688 dumpster
dumpster's picture

Judge Judy Scheinlok


judge you are  clueless every time you post drivel

JP Morgan is short 10 years of silver supply.

how do you hedge when you have no silver ,, raid SLV as the Chinese are doing with share purchase agreements and take deliverable silver'

JP Morgan is hedged by paying 20% over spot market with fed funds ,


to pay off positions .

the folks say thank you take the dough and go long silver .. again ,


and as far as GE is concerned turn off those GE bulbs  power transmitted by GE Turbines.and are you sure your lap top does not have some GE part floating around

you must be in bed with the likes of GE management  





Fri, 02/25/2011 - 17:28 | 997976 Bastiat
Bastiat's picture

Got her tit in the wringer and nothing but the crank to work with.

Fri, 02/25/2011 - 19:54 | 998489 Fred Hayek
Fred Hayek's picture

Given such an incentive, what the hell does she think they're going to do next?

Sat, 02/26/2011 - 16:00 | 1000145 DosZap
DosZap's picture

IF they simply say NO, the bitch will be broken, and its off to the races.

Fri, 02/25/2011 - 17:28 | 997965 gwar5
gwar5's picture

Silver is a nice place to be. Get more when you can.

Fri, 02/25/2011 - 17:28 | 997970 camoes
camoes's picture

Eat silver Blythe! Oops, you're shorting naked, so no silver to eat, eat naked short bitchez!

Fri, 02/25/2011 - 17:28 | 997971 tmosley
tmosley's picture

But, but, but dey said it was gunna go to twenty :(

Fri, 02/25/2011 - 17:32 | 997982 Harmonious_Diss...
Harmonious_Dissonance's picture


Fri, 02/25/2011 - 17:34 | 997989 Harmonious_Diss...
Harmonious_Dissonance's picture

So this site moves the silver market? Blew my mind to read Math Man knocking silver exactly the same time of a huge "flash crash"

Fri, 02/25/2011 - 17:29 | 997979 frenchie
frenchie's picture

by the way

this swiss forum considers ZH as the best financial information website :)

for instance on this last post:


Fri, 02/25/2011 - 17:56 | 998075 velobabe
velobabe's picture

oh i would ask tyler, but he never answers me. is zerohedge published in other languages?

Sat, 02/26/2011 - 00:34 | 999046 ViewfromUnderth...
ViewfromUndertheBridge's picture


Sat, 02/26/2011 - 17:47 | 1000384 New_Meat
New_Meat's picture

babe, every now and then it comes out in English ;-)

Fri, 02/25/2011 - 17:34 | 997990 Math Man
Math Man's picture

But it still remains below Monday's peak.

Face it.  Silver is over.

It ran 70% in six months, but it only costs $5 bucks to dig it out the ground.

It'll be back below $20 soon enough.

Fri, 02/25/2011 - 17:35 | 997996 Harmonious_Diss...
Harmonious_Dissonance's picture

Hey, nice car!!!

Fri, 02/25/2011 - 17:36 | 998003 Harmonious_Diss...
Harmonious_Dissonance's picture

Shit, he's back!! Here comes another flash crash!!  BTFD!

Fri, 02/25/2011 - 17:36 | 998011 Misean
Misean's picture

Hey this dude's CD is skipping....that is soooo annoying.

Fri, 02/25/2011 - 17:40 | 998024 Misean
Misean's picture

I'm very well aware of it. ;)

Fri, 02/25/2011 - 17:39 | 998018 Bastiat
Bastiat's picture

How big is your short position?  You must have loaded the boat this time.

Fri, 02/25/2011 - 17:39 | 998019 bob_dabolina
bob_dabolina's picture

How much has M2 expanded over 6 months?

Fri, 02/25/2011 - 17:42 | 998032 JonTurk
JonTurk's picture

harry, hi mate.

whats up on your recovering home appliances store?

Fri, 02/25/2011 - 17:44 | 998037 SilverRhino
SilverRhino's picture

>> Face it.  Silver is over. - Mr Bernank's anal-cyst has spoken. 

Keep dreaming.


Fri, 02/25/2011 - 17:51 | 998057 lieutenantjohnchard
lieutenantjohnchard's picture

math man might be the foil to robottrader as that cat hamywanger (or whatever) is to harry. my hunch is that math man might be laughing at us by posting ridiculous comments to rile us up. the joke is on me i guess for getting baited.

Fri, 02/25/2011 - 19:38 | 998441 Hugh G Rection
Hugh G Rection's picture

not you fault.  He is a professional baiter... a Master-Baiter.

Sat, 02/26/2011 - 02:06 | 999200 RockyRacoon
RockyRacoon's picture

He's brave as well.   How 'bout Johnny Bravo?

Sat, 02/26/2011 - 11:09 | 999591 sunnydays
sunnydays's picture

LOL  Good One!!  Very funny putting those two together!  Perfect - various meanings all in two words!

Fri, 02/25/2011 - 17:45 | 998044 lieutenantjohnchard
lieutenantjohnchard's picture

you said under $20 by june 21, 2011 on another thread, not "soon enough."

i love it when rookies attach a date and a price for a security.

Fri, 02/25/2011 - 17:55 | 998072 Dr. Gonzo
Dr. Gonzo's picture

Yeah Right. It only costs $5 to get it out of the ground. Here's a little arbitrage suggestion for you. Hire 1000 mexicans to dig in their land and pay them $5 an hour. In one work week you'll have 40,000 oz of silver worth 1.4 million $$. It will only cost you 200k to do it. Why wouldn't this work? Because you are full of shit.

Fri, 02/25/2011 - 20:15 | 998551 BigJim
BigJim's picture

LOGIC, n. The art of thinking and reasoning in strict accordance with the limitations and incapacities of the human misunderstanding. The basic of logic is the syllogism, consisting of a major and a minor premise and a conclusion—thus:

Major Premise: Sixty men can do a piece of work sixty times as quickly as one man.

Minor Premise: One man can dig a post-hole in sixty seconds; therefore—

Conclusion: Sixty men can dig a post-hole in one second.

This may be called the syllogism arithmetical, in which, by combining logic and mathematics, we obtain a double certainty and are twice blessed.

       -Ambrose Bierce

Fri, 02/25/2011 - 22:51 | 998894 A Nanny Moose
A Nanny Moose's picture

Ah the infamous mythical man month. Sometimes, pure math just fails.

9 months * 1 woman=1 baby does not mean 9 women * 1 month = baby

Sat, 02/26/2011 - 00:15 | 999009 GoinFawr
GoinFawr's picture

Is that like 1 man + 1 woman = 3 people?

Fri, 02/25/2011 - 18:00 | 998083 A_MacLaren
A_MacLaren's picture

When the price of silver exceeds Monday's high, will you then go away forever?

At some point, assuming it continues upward, we will help you look back at these posts, if you haven't departed.

And then we will force feed you crow.  Do you prefer rotisserie, baked, stewed, or perhaps raw/au natural?

Fri, 02/25/2011 - 20:20 | 998557 BigJim
BigJim's picture

He'll be back with a completely different ID, sporting a picture of the F-16 he flies from his beach house every day.

Fri, 02/25/2011 - 18:10 | 998110 tmosley
tmosley's picture

No, you face it.  Silver isn't plunging like you said.  Just another troll corpse on the side of the road to $100.

Loser boy.  Go cry in your beach house.

Sat, 02/26/2011 - 02:23 | 999229 RockyRacoon
RockyRacoon's picture

He's a fat, two-tooth redneck holed up a trailer in some backwater with 5 kids screaming in the background.  His old lady just told him to get off that computer or she's gonna cut him off.   No wonder he's here -- cyber life is better than his real one.

Sat, 02/26/2011 - 06:05 | 998117 plocequ1
plocequ1's picture

Private Joker asks, "Is that you Joe Weisenthal? Is this me?"... If it is you joe, Your Uncle Henry is calling you. Go home. Its past your bedtime.

Fri, 02/25/2011 - 18:14 | 998133 Long-John-Silver
Long-John-Silver's picture

What happened to it dropping to $4? Now you are claiming it's headed for $20? I assume your next prediction will be for $50 down from $75.

Fri, 02/25/2011 - 18:57 | 998297 vas deferens
vas deferens's picture

I know this guy and he is long a lot of silver. He just likes to get people worked up on this site, finds it funny. 


Sat, 02/26/2011 - 16:06 | 1000153 DosZap
DosZap's picture

You need new friends.Or he needs ONE.

Fri, 02/25/2011 - 19:01 | 998317 JonNadler
JonNadler's picture

I agree with Mathman, silver is dead and going back to 4.50 an ounce. 

Of course nobody else is drinking his kool aid, but what can you do

Fri, 02/25/2011 - 20:09 | 998533 luk427
luk427's picture

$4.50/oz = monster box for under $2500.00 sounds good to me.

Fri, 02/25/2011 - 19:03 | 998319 IEVI
IEVI's picture

This troll Math Man just sticks to his script..says the same thing over and over.

Come on dude get creative...can't you come up with something clever to say to set everyone off just keep repeating the same thing in every post.

Being a troll is pathetic.. but you're a bad troll...that's just sad.

Why don't you find Harry Wanger and see if he can give you some lessons.

Fri, 02/25/2011 - 19:10 | 998349 JonNadler
JonNadler's picture

I volunteered to help him but he refused. He'll soon be in troll history's pile of discarded screen names.

Next troll?

Fri, 02/25/2011 - 19:10 | 998348 Hulk
Hulk's picture

Go away Moron...

Fri, 02/25/2011 - 19:10 | 998354 JonNadler
JonNadler's picture

i won't.....oh, talking to Mathman? well we're the same person actually

Fri, 02/25/2011 - 20:21 | 998563 SilverFiend
SilverFiend's picture

That is more junks than Harry Wanger ever got!

Fri, 02/25/2011 - 20:59 | 998669 dexter_morgan
dexter_morgan's picture

Hahahahahaha....good one

Fri, 02/25/2011 - 21:12 | 998701 dumpster
dumpster's picture

 Math Man
on Fri, 02/25/2011 - 16:34


math man , you crawl out of your hole.

making both the hole and your statements akin to not knowing your ass from the hole in the ground








Fri, 02/25/2011 - 21:37 | 998760 Attitude_Check
Attitude_Check's picture

OK Mr. Math man, you clearly understand supply, and how it effects price, there is this thing called demand....


Oh and if you spend 2x as much money, you DO NOT GET 2x as much Silver out.  Go research Silver mining and the FIXED AND VARIABLE costs, and then dazzle us with your brilliance.

Sat, 02/26/2011 - 17:38 | 1000362 rosiescenario
rosiescenario's picture

It is simple supply and demand which does not hinge on the production cost but on the availability and the demand...just like oil.

...and in the case of Hecla, they have a negative cost of production for silver....due to the bi-metals produced.


As far as I know, all the silver mines are running at full capacity, new exploration is going on to discover more ore bodies, but it takes time to find them and then develop a mine. Meanwhile, the older mine's reserves are falling and some are shutting.


What you need to ask is more new silver production coming on stream than being depleted? In 2 to 5 years will there be a glut of silver or a shortage? If silver goes to $40 / oz will that bring in more production as formerly marginal ore  becomes economical?

Sun, 02/27/2011 - 10:16 | 1001503 dehdhed
dehdhed's picture


Sun, 02/27/2011 - 10:18 | 1001507 dehdhed
dehdhed's picture

it only costs $5 bucks to dig it out the ground

then you might be wise to go dig it out of the ground

Fri, 02/25/2011 - 17:37 | 998007 Sean7k
Sean7k's picture

Blythe just can't shake the leaves from the silver tree.

Fri, 02/25/2011 - 18:21 | 998157 oddjob
oddjob's picture

runaway train gaining speed.

Fri, 02/25/2011 - 17:37 | 998009 tellsometruth
tellsometruth's picture

had fun watching this one live on netdania while doing some studying last night for a test...

speaking of my studies i will be doing this spring term aboard in london, any of you have any helpful advice?... first trip across the pond

Fri, 02/25/2011 - 17:40 | 998022 Ragnarok
Ragnarok's picture

Burn down the Bank of England.

Fri, 02/25/2011 - 18:12 | 998115 tellsometruth
tellsometruth's picture

peachey keen advice... but i like using my words over arson...and my thoughts were more like arbitrage...any thoughts?


Fri, 02/25/2011 - 20:21 | 998568 BigJim
BigJim's picture

Ask Tony Blair if he's found those WMDs yet.

Fri, 02/25/2011 - 17:47 | 998048 AG BCN
AG BCN's picture

don't gather in group and shout, U.S.A. U.S.A U.S.A

Fri, 02/25/2011 - 18:07 | 998105 tellsometruth
tellsometruth's picture

thanks I'll try to remeber that

Fri, 02/25/2011 - 20:23 | 998572 BigJim
BigJim's picture

Here in England "wotcher, faggot!" is the standard way to show respect to big, shaven-headed men walking rottweilers.

Fri, 02/25/2011 - 22:44 | 998872 GoinFawr
GoinFawr's picture

Uhh, if you want to know if he likes meatballs?

Fri, 02/25/2011 - 18:54 | 998280 MachoMan
MachoMan's picture

What is the name of the ship on which you will be studying?

Fri, 02/25/2011 - 19:04 | 998325 Cathartes Aura
Cathartes Aura's picture

do you know what postcode you'll be living in?  London is all about neighbourhoods, different "flavours" - but in general, I'd steer clear of of the touristy West End, North & NE & East have good 'hoods to visit/hang in, better clubs in East. . . tho' it's been a while since I lived there - bring your monies, it's hella expensive compared to amrka. . .

Fri, 02/25/2011 - 21:21 | 998727 Cathartes Aura
Cathartes Aura's picture


Fri, 02/25/2011 - 17:43 | 998034 UninterestedObserver
UninterestedObserver's picture

Wow what happened in the last 15-20 minutes?

Fri, 02/25/2011 - 17:43 | 998035 asdasmos
asdasmos's picture

Marc Faber McAlvany Interview 23 February 2011.



Fri, 02/25/2011 - 17:44 | 998039 ArkOmen1
ArkOmen1's picture

Got lucky. Increased positions in GDX, GDXJ, SLW, and HL right at the end of the day yesterday. Lookin good so far! Especially ole Hecla!

Sat, 02/26/2011 - 17:42 | 1000373 rosiescenario
rosiescenario's picture

......even HL....I worry that their management will not be able to resist selling too much production forward, thereby capping our upside.

Fri, 02/25/2011 - 17:56 | 998079 Iam Rich
Iam Rich's picture

Not that I repeat myself...


Saudi Arabia can pull oil out of the ground at $5/barrel.  Last time I checked, they could get over $100/barrel for it.

Fri, 02/25/2011 - 18:11 | 998114 Bastiat
Bastiat's picture

The bastards!!  MathMan is on the case!

Fri, 02/25/2011 - 18:13 | 998128 SWCroaker
SWCroaker's picture

Last I heard, a) they had committed to about $70/barrel in entitlements to keep the natives happy, and b) they're suddenly importing a whole lot of offshore drilling tech, which wouldn't be needed if their $5/barrel stuff was holding out, and the offshore stuff for sure *won't* come in at around $5...

PS. This isn't in defense of MM; just a plug for up to date info.  The Middle East hasn't updated their reserves figures since OPEC was founded, which is something of a red flag when it comes to trustworthy figures.

Fri, 02/25/2011 - 18:12 | 998120 Long-John-Silver
Long-John-Silver's picture

The local Pawn shop where I pick up a coin or two a week has officially dried up. He's buying only, no selling. Short Squeeze is obvious.

Fri, 02/25/2011 - 18:32 | 998188 camoes
camoes's picture

Did a search on US Mint's catlalogue with the keyword "silver", of the 18 products listed, only 8 were available, the rest either sold out, backordered or out of stock...

Silver hoarding bitchez!

Fri, 02/25/2011 - 18:48 | 998254 Long-John-Silver
Long-John-Silver's picture

Looks like everyone that manipulates the Gold and Silver markets took off early.

Prices are spiking up.

Fri, 02/25/2011 - 18:53 | 998279 medicalstudent
medicalstudent's picture

can anyone say...


(inverted) shoulder... head... shoulder...




giddy up, sunday evening.

Fri, 02/25/2011 - 19:24 | 998398 equity_momo
equity_momo's picture

My metals dealer , who is small fry in the grand scheme of things , still deals with some very high net worth individuals. 4 weeks to get your hands on serious weight.  Kilo bars on backlog like tear gas in the Middle East.

Fri, 02/25/2011 - 19:33 | 998425 jackpagan
jackpagan's picture

People stocking up on gold and silver at the end of the week. This is how we hedge against shit getting bad over the weekend.

Fri, 02/25/2011 - 19:42 | 998454 Snidley Whipsnae
Snidley Whipsnae's picture

Canadian Mint Director of Sales, Dave Madge, says...

Demand right now for silver is through the roof and it shows no signs of slowing at this point.  Sourcing silver is becoming very difficult.  We are competing with a great many players when it comes to purchasing silver and many of these players are bidding the price higher.


“I think you are going to see the premiums go up in order to secure silver.  At some point some players will be priced out of the market.  I don’t think this is a short-term situation, I think there are a lot of issues going forward and this may be the new norm.”

Hat tip to King World News for the interview with Madge... Read the short interview here...

Fri, 02/25/2011 - 22:14 | 998833 Kali
Kali's picture

For us small fry, I think the premiums will go up too.  All the "cheap" stuff is gone.  Stopped by my dealer today.  Wiped out on silver on small stuff.  1oz rounds and bars.   BUT noticed a couple of larger bars that were new (as in just bought),25oz,100oz and a 1000oz.  They said they were swamped today.  Asked if more people were buying or selling.  Said both.  Saw lots of newbies in the store today.  All they had left was higher premium stuff.  Collectors,commemoratives, etc.  They said lots of people were just buying a couple of ozs,  joe schmoes, trying to protect themselves.   I am definitely noticing more and more people coming in and things are definitely getting tight.

Fri, 02/25/2011 - 19:58 | 998505 walküre
walküre's picture

buying the silver dip yesterday was a nice way to start the weekend!


Fri, 02/25/2011 - 20:06 | 998522 apberusdisvet
apberusdisvet's picture

Pick One:  Math Man is:


l. Johnny Bravo's significant other

2. Part of Sunstein's psyop program

3. The coffee gopher at the US treaury

Fri, 02/25/2011 - 20:40 | 998622 plata pura
plata pura's picture

$12.0856417169 is the total melt value for the 1964 silver Kennedy half dollar on February 25, 2011.

Fri, 02/25/2011 - 20:45 | 998635 plata pura
plata pura's picture

gsci code issued; "diggin ditches in skin tight britches; bitches" prepare yourself accordingly.

Fri, 02/25/2011 - 21:59 | 998804 Creed
Creed's picture

Heads up for US citizens ordering metal from Canada.

US Customs is not supposed to ask for a taxpayer id # (social security #) for personal shipments delivered by air courier/ 2 day business.

But they are, not all but some shipments. The CA company involved is looking into it.

Scottsdale Silver is pretty good. They are in AZ and it feels good to help the AZ economy out since AZ has been demonstrating some gonads of late vs the statist/globalist dirtbags who have hijacked our country.

They also stamp their metal bars & coins In God We Trust, which indicates above average intelligence. The only problem with them is the lack of a damn USPS tracking e-mail.


Fri, 02/25/2011 - 23:29 | 998944 StychoKiller
StychoKiller's picture

USPS tracking numbers don't do diddly.

Sat, 02/26/2011 - 13:24 | 999784 sellstop
sellstop's picture

Ya gotta feel good about a God that has been making silver for us for the last 200 million years......


Fri, 02/25/2011 - 22:35 | 998868 A Nanny Moose
A Nanny Moose's picture


Fri, 02/25/2011 - 23:08 | 998915 Kina
Kina's picture

They have increased the diameter of Blythe's silver dildo by 3" as punishment. The next failure will bring her a silver bowling ball to 'swallow'.

Sat, 02/26/2011 - 00:03 | 998989 papaswamp
papaswamp's picture

So used to be what ever gold did silver would appears the roles have been reversed. 

Sat, 02/26/2011 - 04:46 | 999346 ZeroPower
ZeroPower's picture

Such a nice close at the highs yesterday.

Remember last Friday's close, and the subsequent b/o on Monday?


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