Thursday, September 11, 2008

20080911 1129

DOW 11,191.65 -77.27
NASDAQ 2,220.17 -8.53
S&P 500 1,224.11 -7.93
Metals continue to drop.

DGP 13.99 -.59. Sold for a $2.2 per share loss. This was in a tax-deferred account with long-term positions, so the stop was wide. Clearly this was not the bottom in gold and at this rate of price destruction, $670/oz will arrive soon.
PAAS 18.85 -.77. Staying short. Silver typically has more volatility than gold with sharper pullbacks.
TRE 2.21 +.03. Suffered severe pullback the past week. 52 week 1.93 - 7.25.
ZYXI 5.2 +.2. This looks to explode when the market turns up.

No comments: