The silver market also saw the typical early morning slide in prices only to see a reversal just ahead of 8:00 am. In fact, ahead of mid session the March silver contract had managed a bounce of roughly 36 cents and in the process the March silver contract reached up to the highest level since late afternoon on Wednesday. As in the gold market, favorable action in the US equity market, a slide in the US Dollar and perhaps hope for US mortgage market assistance seemed to give the bull camp the edge. Surprisingly the sharp slide in the Factory orders report didn't initially undermine the silver market but in retrospect seeing the poor scheduled report readings and a setback in equity prices seemed to prompt a silver trek back into negative territory just ahead of mid session.