Thursday, March 12, 2009

20090312 PM

DOW 7,170.06 +239.66 (+3.46%). May go to 10,000 in a year.
NASDAQ 1,426.10 +54.46 (+3.97%)
SP500 750.74 +29.38 (+4.07%). May go to 1000 in a year.
GLD 91.10 +1.88
SLV 12.79 +.20
PTM 12.88 +.1101
Indices opened down and rallied. Will start selling in the morning, particularly the leveraged TNA.
Swiss are devaluing while also buying their bonds to keep interest rates down. These actions helped gold rise while the dollar also rose. No currency is safe.

TNA 14.496 +2.226 (+18.14%)
EEE .9666 +.0866 (+9.84%)
APL 4.02 +.58 (+16.86%)
VMW 22.67 +.02

EEV 48.95 -4.35 (-8.16%). Mechanical sell signal was correct for over 3 points (potentially, didn't trade this today).

Strong miners:
PAAS 14.27 +.79
TRE 4.09 +.28

AA 5.98 +.22. Look to buy the next pullback.
MT 20.27 -.01. Day range 18.55 - 20.53. Opened with gap down and intraday reversal to close near high.

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