Today we saw why this game we play is so unpredictable.  We are seeing a worldwide liquidation of assets.  I certainly do not know why.  The Dow fell 265 points on heavy volume.  The advance/declines were 8 to 1 negative.  Bad numbers out of China, a commodity collapse and a couple of explosions at the Boston Marathon.  Technical damage has been done to some of the stock index daily charts.  The summation index should be turned around to the downside today.  There will be follow through selling most likely tomorrow.  I thought we would simply drift up into the expiration this week but all that has changed.  It has turned into a time to be cautious when it comes to stocks.  GE fell 2/3 on good volume.  We've broken through the 50 day moving average to the downside.  Earnings out later this week for GE.  Gold is in crash mode.  The precious metal futures lost $140.  There was a huge percentage decline in silver as well.  The US dollar was up just a bit.  Gold is crashing as margin calls help expand the liquidation.  We broke the $1550 level and the sellers have taken over.  The XAU lost over 11 points.  ABX down 2 7/8, GG fell 2 points and NEM shed 2 1/2.  Volume remains off the charts to the downside.  I'm looking at some longer term calls for ABX now because there will eventually be a violent snap back to the upside.  From what level is the question.  I'm looking at the October and January 2014 calls.  Mentally I'm feeling OK.  We will have to see what the fall out is from todays events.  The bombing in Boston is still breaking news at this point.  There should be more selling tomorrow in stocks.  I'd also expect more liquidation in the commodities as well.  Like I said before I do not know what is the cause of the liquidation but we can always be sure that the market knows more than us.  It looks like support for silver comes in at around $20.  For gold at around $1250 if it cannot hold in here.  We'll have to see what happens in the foreign markets overnight.  It is probably a time to be careful.  Interesting times.