Harvey Organ speaks again to no QE III and a market correction as a result. On the other hand, he is bullish on silver based on short contracts being folded on the COMEX.
Remember SLW is a stock. My feeling remains the same: waiting for QE III will give us nada--the big complaint is trillions lying on the Fed books still waiting to be deployed.
Tuesday FOMC notes may be same old same old, and markets are looking for more easing. Wednesday, Bernanke opens his mouth and proscribes fragile economy with zero involvement other than jawboning, watch the market sell off as he speaks.