20080115PM

DJIA 12,501.11 -277.04
NASDAQ 2,417.59 -60.71
S&P 500 1,380.95 -35.30
Good volume last couple days, and close at low of day. INTC numbers after close were bad, and futures are down. Tomorrow be ready to close shorts after the gap down.
Small pullback in gold and silver.

AEM 58.09 -2.35 on heavy volume. Low of day 57.98. May test 50. Potential short.
SEED 9.05 -.6. Low of day 8.91. Tested the 9 level. Closed this short position. Maybe not done going down, but I wanted to free up capital and closed this short after this nice move.
SOLF 21.43 -3.57. Got short late in the day. It was already down hard, and seemed unable to turn back up. A close below 20 and this can go to 10.
AMD 6.12 -.29. Bad numbers from INTC after close this evening.
DBA 36.58 +.19. Agricultural commodity fund up 50% since summer.
ABAX 37.88 +.73. Strong today. Look to buy tomorrow when market gaps down. Going for retest of 40. Abaxis, Inc. develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements.