Saturday, May 30, 2009

20090530 Weekend

DOW 8,500.33 +96.53
NASDAQ 1,774.33 +22.54. Closed over May 7 high, so price can go higher next week.
SP500 919.14 +12.31
Indices jammed higher in the last two minutes (to paint the charts). Dollar lower and currencies have been erratic the past few days. Commodities higher again. Bond prices higher after the big losses yesterday.
GLD 96.20 +1.96. A close above 99 and this can quickly go to 125. If it doesn't move higher early next week, then it will likely fall back.
SLV 15.47 +0.54
PTM 14.66 +0.76

SMH 21.10 +0.01. Covered short at 20.99 for 1.06 per share loss.

AGQ 55.10 +3.77 (7.34%). Ultra Silver ProShares.

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