Monday, September 17, 2007

20070917 PM

DJIA 13,403.42 -39.10
NASDAQ 2,581.66 -20.51
S&P 500 1,476.65 -7.60
Federal Reserve rate decision 2:15 tomorrow. Many traders are thinking of shorting any bounce.

GM 35.23 +1.01. Longer term going to 55.
GNCMA 12 -.35. Sold off at end of day.
BIDU 252.89 +18.01. Price spread with volume. 10% short.
FXY 86.77 +.19. Currencyshares Japanese Yen Trust.
SNH 20.74 +.01. 6.6% dividend. Senior Housing Properties Trust. May have broken down trend.

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