Monday, May 18, 2009

20090518 1007

DOW 8,372.66 +104.02
NASDAQ 1,691.19 +11.05
SP500 892.04 +9.16
Indices gapped up on open. This is an opportunity to put on additional shorts.
India up 17% on political election results and expectations of economic changes.

DUG 19.08 -0.94. Went long the ultrashort oil & gas at 19.04 for swing trade. Will consider selling intraday if 4% gain can be taken.

F 5.37 -0.11

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