12pm update - morning dip...POMO FTW

Early morning minor declines turn back to fractional gains as the POMO money floods into market land. It remains a strange phenomena that most still refuse to respect. Just what part of 'endless QE' is hard to understand? Is it the 'end'..or the 'less' part?


sp'daily5

vix'daily3

Summary

Same old nonsense. No power on the bear side....

POMO $ coming in..algo-bots melting it upward, all being cheered on by the maniacs on clown finance TV.

Bernanke is to be saluted for his continued successful actions which are absolutely propping up this market.

Have a great lunch Benny!
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SLV, 60min   Both Silver and Gold are both within a day or two of snapping.

The only issue is which direction! I'm guessing lower, to around $29.