Gold
silver updates(precious metals):- We expect precious metals to trade
with positive bias owing to upbeat
global market sentiments along
with weakness in the DX in today’s
session. Further, expectation
of cut in the interest rates by the ECB and
US Federal Reserve will
support upside in the prices.. More at -- MCX TIPS FOR TODAY

Silver
yesterday closed with a gain of 311rs to settle at 58775 as PSI moves toward
the wanted percentage of the Greek government, stronger risk appetite send both
gold and silver prices higher. Final results of the Greek debt swap will come
out.

The
latest US non-farm payroll data will also be released today, which will greatly
influence directions of the dollar as well as gold and silver prices. Market sentiment
firmed up after reports that a number of major European financial institutions
had signed up to the bond swap deal, which is aimed at writing down 53.5% of
the country's EUR177bn debt. ...

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GS/JPM/XLF L/L/S triple play based on market weakness.  bigger better quality banks should hold up better than the XLF.  1/3 position put on. 11.3.09

NUE/AA Pair L/S 1/3 trade placed on 11.2.09.  RoV at .496, spread of -.0847 and -1.77 std dev.

HD/L Pair L/S 1/3 position put on 11.2.09.  RoV 2.284, spread of -.2877 and -1.431 std dev.

SKS/DDS Paired L/S trade 1/3 position put on 11.2.09.  RoV 1.966, spread of -.294, and 1,87 std dev.

PMTI/CYNO Paired L/S trade started 1/3 position on 11/2/09.  RoV at 1.2842, spread -.60 against 3mo avg, -1.7166 std dev.

MOT was once the undisputed king of sexy design back in the RAZR glory days.  Stock should move up on speculation that the DROID is a huge sucess in Q4 '09 for the cell phone maker.  Short term play on the DROID hype.