I only have time for a very short post today: I don't like the action in precious metals at all today. Many charts are rolling over. I was relying on some timing analysis that has been serving me well. Right now I'm in capital preservation mode as far as the trading account is concerned. Other than that, I'm actually savoring the drop in stocks as I get ready to go shopping in the following areas: ag chemical, base metal, infrastructure, alternative energy and emerging markets.