Friday, March 13, 2009

20090313 1208

DOW 7,135.01 -35.05
NASDAQ 1,412.51 -13.59
SP500 745.86 -4.88
With the recent large percentage gains, particularly in financials, those with the quick gains may want to take profits before the weekend.

XLF 7.94 -0.20. Shorted at 8.02 for day trade. Watch how it does around 7.5. Did not want to use high leverage of FAS or FAZ.
FAS 4.75 -0.30
FAZ 43.76 +2.16

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