The 2007 S&P as Analogue For the 2012 Nasdaq 100 (and Silver still looks shortable) SLV; QQQ

Silver is up 23 cents to $34.00, in pre-market trade the Cubes are up 1/2% with the index futures up 19.00 to 2679.50.
From Market Anthropology:

A Pattern Potpourri

If the futures maintain their bid this morning, it looks like the NDX has thrown caution to the wind and will make a stab at the 50% retracement level from the November 16th intraday low. 

Silver turned down sharply yesterday - although recovering spritely with the risk tide that came back into the markets. The following charts were updated from last weeks note (see Here) on silver.  

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See also yesterday's "A Chance to Short Silver (SLV)"