Thursday, October 01, 2009

20091001 PM

Dow 9,509.28 -203.00
Nasdaq 2,057.48 -64.94
SP500 1,029.85 -27.23
30-yr Bond 3.959% -0.089

Dollar decisively above 77.11 and looks to go higher. This will move metals and stocks lower.
Indices opened slightly lower, moved lower then consolidated, and went lower into the close. Looks to go lower. May want to lighten up shorts on Friday (FXP, SDS).
Metals were down and miners were down more. Looks to go lower.

GLD 97.89 -0.96
SLV 16.04 -0.34
PTM 15.23 -0.38

XLE 52.24 -1.68
XLF 14.28 -0.66

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