I have been watching the market back and fill for a couple of days. If we are to enter the "deflationary" period all the tabloids are calling for we will need gold and silver to break the support here. Gold 1750 - 80 Silver 39. A few days ago I thought this was a certainty but now I am not sure. This options maturity week and we can expect some big moves in both directions. I still like EUO but we have had a big move and it is one thing to hold positions initiated at much better levels and completely another thing to enter into a new position. I am buying AGQ around these levels with a close stop in case the market collapses but it is heavily leaveraged and not something for widows and orphans.