Anyone know what happened with that spike down in silver?

apparently, there is a run away from safety and back into stocks!
gold n silver sold off...flight to quality over..things in libya getting better..oil selling off after blow off top last night to 103

lots of smart people sold..more sellers than buyers..pretty simple really
 
one rumor and one fact...

rumor was gadaffi was shot and the libya uprising settled down, and the fact was that ICE hiked margins on oil, which caused a commodity sell off.
 
Support is at 31 I am still short. There is a gap in gold prices at 1387 to 1390 expect that to be filled plus declining market hurts silver too I would reall by wary being long here u are potentially facing a severe correction.
 
It sold off after the open outcry session when volume is light which in turn ran into the sell stops, underwater shorts may take advantage and cover on the dip (just another possibility)
 
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