FRIDAY'S MARKET

Since we find ourselves short on time before the market open, this will be an abbreviated post -- but basically our thoughts are unchanged over the past few days. (And, of course, do not forget that weekend reading will be posted tomorrow.)

Yesterday was a better day with basically pretty much all sectors performing well -- including the goldminers that we have been talking about.

Long-term we still continue to like precious metals -- but, as always, it is important to be smart as to timing and price.

The market is looking to open flattish to down. Nothing has changed -- yes, we remain extra cautious, not at all trusting -- and mindful of Russell rebalancing and possible end-of-month games.