Thursday, September 03, 2009

20090903 1022

DJIA 9,269.56 -11.11
NASDAQ 1,962.28 -4.79
SP500 993.98 -0.77
Dip-buyers opened the markets higher, and after twenty minutes the markets quickly gave up the gains. Right now the markets are going nowhere but down and there is no reason to try do buy dips.
Metals are up.

SDS 45.98 +0.02. Started small long position at 45.92. A better buy would have been the first few minutes of trading (around 45.5).

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