Monday, May 18, 2009

20090518 1048

DOW 8,419.41 +150.77
NASDAQ 1,704.26 +24.12
SP500 898.01 +15.13
Indices pushing higher and may continue to do so. Taking stops on some short positions. Covering shorts can cause a quick spurt higher today. Volume not heavy.

BGU 31.98 +1.54. Went long at 31.99. Speculative triple long position for to scalp the spurt up of the indices.
DUG 18.80 -1.22. Closed for .21 per share loss intraday.
QID 38.13 -0.82. Closed for .93 per share loss.

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