 The Tiger, financial news network, update. Hi folks, Larry Peseveno giving you the afternoon update for TFNN. We've got stocks down with the exception of the NASDAQ is up about 18 points. Dow Jones down 300, which isn't much considering the news that's come out. S&Ps down about 17 and the Russell's down about 18. We've got Treasury bonds up about a point. Treasury notes acting still pretty strong. Gold under a great deal of pressure, down $17 and silver under a great deal of pressure, down $1.29. And that tells us that we've had a pretty good correction almost ready for a good buying opportunity, I would think, in the silver coming in pretty soon. The big news, of course, is the strength in the U.S. dollar, folks. All of the currencies are failing to the U.S. dollar. That's what's giving the, why it is going the opposite of what it usually does in the gold market, but it is holding up at a very, very strong level, that U.S. dollar. So that's telling us that we're going to go in this direction, at least for a day or two. And remember, we've got Friday coming in, and we have this old adage in the market that sell in May and go away that only has worked once in the last 10 years. This may make it 11 out of 12, I don't know. But these were watching to see how the prices are going. We're having a weakness across London. The FTSE is down. Also, the German DAX is down after being up for a considerable amount. But all in all, it's not the end of the world. Jamie Diamond, president and CEO of JPMorgan came on and had some very negative things to say about the debt ceiling, also about the banks, and a few other things that were not very structurally helpful to the market. He felt that the banks were still in a great deal of trouble, and that that debt ceiling could be the black swan that would take us down into something farther than a regular recession. And that's what sold off the market. So we'll listen to what the charts say, not so much what people say, and that's what we try to do because it's not what you think you're looking at. It's what you are looking at, because it's not what you trade. It's what you think. That's what you have to do. You've got to look at what you're seeing, folks, and trade what you see, not what you think. We'll be right back.