Tuesday, July 07, 2009

20090707 PM

DOW 8,163.60 -161.27
NASDAQ 1,746.17 -41.23
SP500 881.03 -17.69. Looks to break support tomorrow. If support breaks, look for quick trip to 820.

Indices opened slightly lower then sold off, chopped, then sold off into close to end at low of day.

GLD 90.71 -0.05
SLV 12.89 -0.21
PTM 13.67 -0.17
XLE 44.52 -1.17
XLF 11.30 -0.18

BGZ 39.86 +2.23. Sold 1/2 the long position at 39.57 for .55 per share gain.
FCX 45 -.94. Went short at 45.38.

AIG 13.75 -2.44. Have been trying to short for a couple days, but unable to borrow shares.
AIV 8.05 -0.52
CBL 4.64 -0.45
DMM 36.47 -3.07
SMN 21.76 +1.14

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