Gold Daily and Silver Weekly Charts - Massive Short Covering Rally From Deeply Oversold

Facebook priced after the bell, 421 million shares @ $38 with a PE of 107 and a Price/Sales of 25.

This is "the largest internet IPO in history" (Ring Ring Ring).

It will start trading in the public markets, as opposed to dark pools and private deals, tomorrow after 11 am Eastern Time.  That will make share acquisition a bit problematic in Europe.

The wiseguys are geared up for a multiday