Wednesday, March 11, 2009

20090310 PM

Dow 6,926.49 +379.44 (5.80%)
Nasdaq 1,358.28 +89.64 (7.07%)
S&P 500 719.60 +43.07 (6.37%)
10-Yr Bond 2.982% +.096
GLD 88.14 -2.43. Some support at this level, though more likely to go lower in a week.
SLV 12.45 -.32.
PTM 12.70 -.22.

EEV 53.58 -9.89 (15.58%). Paper trade short today at 56 for what would have been 2 point gain.
PAAS 12.94 -.60 (4.43%). Day range 12.62 - 13.55. Today shorted at 12.89. Price had a decent and unexpected recovery later in the day.
TNA 12.31 +1.97 (19.02%). Long closed at 11.86 this morning.
XLF 7.19 +.93 (14.86%). May run for a few days, and there is a lot of room to run.
FAS 3.73 +1.03 (38.15%). Went long. No reason to sell right now.
VMW 22.28 +2.33 (11.68%). Heavy volume came at end of day and price spurted higher - no sellers and there were buyers.

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