Osama Bin Laden??

OBL is dead and US futures rallied off the news. We are now seeing huge gaps in the equity indices. Meanwhile silver got taken to the woodshed today and is down about 10%. Gold has also come off. I would not fade these big up gaps now. All bets are off after the Osama news. Wait for the market to respond and trade appropriately. Also Chinese manufacturing PMI came in weaker which was the reason for the early weakness today but OBL seems to have trumped everything. Expect some good volatility today!!