 T. F. N. N. Headline News Update Welcome folks, we have the Dow industry is flat. Nasdaq is up two S&Ps also flat. Gold contract. Gold contract rejected lower price out here this morning. We got it up a buck 80 trading 14-13 an ounce. Now silver, whole different animal with silver. Silver caught the bid in a huge way yesterday. Following through today folks, you're up 17 cents. You're at $15.85 inside the silver market. We get over and we take a look at that. What you're going to see out here is that you had wide price spread, accelerated volume yesterday as well as today. Right now the silver market wants to run up into this $16.47 right now. You're at $15.85. Notes and bonds. What we did with notes and bonds here is this. Yesterday you go downtown. You commit to the breakout area. You have tremendously lighter volume. It rejects lower price. What do we have out here this morning? You start going top side once again. Bottom line, they both want higher price, lower yield. It's going to be really intriguing to see how they actually attack these highs because right now you're at 507,000 contracts inside the 10-year. We're at $127.05. The number to keep your eye on here. I don't think we're going to get into it today but the $127.08 is the number. What that number is folks is that that's how we came down after we had gone up since last April. It was a one-way move inside this bond market. It started moving higher about April 17th. Topped out on the 4th of July. You pull back on the 5th of July. Had some volume on the pullback. How we get into that area is going to tell you all about notes and bonds and exactly how far they want to go or not go. Kingdala. The fight's not over in Kingdala. Now what Kingdala did out here today, Kingdala got over the highs of yesterday. Yesterday what we had is that we had wide price spread. You had accelerated volume. Bottom line today you got over the high of yesterday. You rejected the high of yesterday. You're pulling back and it looks at this particular point that we're going to have light volume. So the battle is still on inside Kingdala. What that is saying on Kingdala right now though that is saying that now it wants to go back down to the 94 level. This has been quite a battle though. This battle has been going on since October of last year. The S&P's bottom line they still want higher price. We're at $299.60. My take is we're going to $303 to $305. That's how this baby is setting up. Stay right there folks. We're going to be coming right back to recap out here. We have the Dow Industries, the flat Nasdaq right now up a few points. S&P's down one point. Come right back.