Tuesday, November 20, 2007

20071120 PM

DJIA 13,010.14 51.70
NASDAQ 2,596.81 3.43
S&P 500 1,439.70 6.43 Will get to 1370 from August 16.
Platinum 1467.
Gold 803.
Silver 14.75.
Oil 98.4. Has a couple more points of upside.

CREE 21.18 -.67.
AMD 11.28 -.79 with good volume. August 16 low was 11.27.
GME 51.01 -1.98 with big volume.

FNM 28.25 -9.33. Will keep going lower over the next months.
CFC 10.28 -.29 with huge volume. August 16 low was 15.

COP 79.29 +2.16. Oil stocks bounced. Watch to short in a few days.
XLE 7.75 +2.3. Look to short at 75.
DUG 41.98 -2.52. 2X inverse.

GLD 79.47 +2.23. Up with less volume than the last few big down days. Short tomorrow around 80.5 if the volume is light. Thanksgiving week so the volume should be light and the price is drifting higher.
GG 32.95 +2.32 on slightly less volume than the last few big down days. Maybe short around 44.

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