Tuesday, May 05, 2009

20090505 1044

DOW 8,396.71 -30.03
NASDAQ 1,743.26 -20.30
SP500 900.08 -7.16

FAZ 6.63 +0.33. Started large position at 6.65. Triple short the XLF.

XLF 11.4912 -0.2388. Day range 11.44 - 11.77. Marginally higher in the first ten minutes of trading, then lower. Can quickly go to 11 then look for 9.

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