Monday, August 13, 2007

20070813 Tom PM

DJIA 13,236.53 -3.01 Going to 12,600.
NASDAQ 2,542.23 -2.66
S&P 500 1,452.92 -0.72 Going to 1427 then 1373 then 1224.

NGD 6.51 -.03. Unhedged, raised $400M financing two months ago. Will be in production in 1.5 years. Valuation goes up closer to production.
GTI 14.92 -.72. Short was today. Wants to test May 03 2007 low of 10.56.

HL 7.53 +.51. Getting closer to a buy. Is back in the range from February.

CDE 3.86 -.23.
TRE 5.65 +.38.
GBN 2.44 -.01. Can test 2.2.
Bought EMCHS AUG 18, 2007 $18.000 CALL for EMC's IPO of VMWare.

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