Morning Call [7:32am ET] Sometime between 12 and 1 in the noon hour yesterday, speculators made a decision they would buy the dips in the Goldminers, and before the two martini lunches were over on Wall Street, right at 2:00pm, there was a rush to buy call options in XLF (Financials). Fifteen minutes later, the consensus among traders was that Goldman Sachs might just punch back, and the GS stock was pushed quickly from 159 to 163. Overnight, there was widespread disbelief in Tokyo and Shanghai, but early this morning, the commodities are back in play in Europe, if not the Financials.
With the testimony on financial services about to begin in the US Congress today, we
