nobody says that a new bottom can not be created. Crooks are trying to convince everybody that everything is good. Obama needs good market and better looking economy. Be prepared for QE3 or wahtever and criminals from the WS know it. This market rallies on extremely low volume. Gold and silver ignore this rally that in turn tells the story - sucker one. Until elections these ETF's are only for fast trading. Then they are going to become a paradize with 5-10 bagger price appreciation.