Sunday, March 22, 2009

20090320 PM, AU BTU JAG

DOW30 7,278.38 -122.42
NYSEcomp 4,832.13 -105.09
SP500 768.54 -15.50
NASDAQ 1,457.27 -26.21
On weekly charts the indices will show higher price with volume. Good longer term bullish sign. Next few days expect weakness.
GLD 93.59 -.76
SLV 13.61 +.19
PTM 13.69 -.65

ANO 0.53 -.02
EEE 1.26 +.05. Good volume.
TRE 5.01 -.04. High volume.
JAG 5.96 +.16. Miner. Potential long term buy.

BTE 12.67 +.19. 9% dividend. Look to buy a retracement.
AU 37.20 -1.47. "... one of the savviest investors of this era, John Paulson, has just invested $1.28 billion in AngloGold Ashanti, acquiring an 11.3% stake. Paulson is perhaps the only investor to be featured on the front page of the Wall Street Journal in the last two years for making a huge pile of money on deflation (by shorting subprime mortgage paper)."

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