John O’Donnell and Merlin Rothfeld tackle a listener question regarding John’s negative viewpoint on the market and the misconception of Doom & Gloom. With the current moves in the market, there is tremendous opportunity to the downside, and all traders should be taking advantage of it. At a minimum, listeners should be rebalancing their portfolio’s co protect against large market drawdown’s if they are “Buy and Hold” Investors. John dives in to silver and what are some of the issues he sees with silver, and why he thinks we will see a small bounce before selling off to new lows. Lastly, the duo look at the Euro and its growing troubles with Greece. PowerPick: COP