We were short the Oil from Thursday, when the Oil came under 96.00 and rode it all the way down for the test of 93.20 in late Friday's lows. We believe that the back of the Oil market has been broken and that it will come down to its supply/ demand reality and that 90.00 is now in the cards.

The April Gold contract came down for a test of 1562, as we had warned in our last week's missive.

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* AL MARTIN is a market trader as well as an independent political/ economic analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. He is considered to be a source of independent analysis for financially sophisticated and market savvy investors, as well as subscribers who want to understand the behind the scenes working of markets worldwide.

Check out Al Martin's website Insider Intelligence which provides weekly commodity futures trading recommendations.