Things are getting frothy but we are not at a market top.

Late yesterday we looked at some names that put in negative patterns or rather patterns that would follow through in a trading environment decades ago.

Goldman was one whose chart pattern is emblematic of Banks on both sides of the pond.

You had to be a believer to buy it or wait it out until this morning.

The short term risk to own any of the big banks, think UBS, DB,JPM or MS is now yesterdays low.

Oil is in a 10 dollar range with anything starting @ 98.30 a sell zone, which I went over early
morning.

I remain constructive long -term on metals with Silver giving you the best wiggle value.