Thursday, November 20, 2008

20081120PM, XLF VMW AA

Dow 7,553.56 -443.72 (5.27%)
Nasdaq 1,316.12 -70.30 (5.07%)
S&P 500 752.44 -54.14 (6.71%)

Markets sold off into the close. Oil down to $48/barrel. Bulk unleaded about to go below $1. Silver down .35 while gold up $10. Yen up, dollar up, pound down. US Treasury bonds were all bid up.

C 4.71 -1.69.
Massive volume. Saudi investor increased stake to 5%.

XLF 9.4 -1.12.

VMW 19.61 -.15.
Was positive until the last minutes of the session.

CNSL 8.12 -1.69.
Near retest of 8.25.

AA 6.85 -1.31.
Big volume.

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