Sunday, October 04, 2009

20091002 Weekend, CNSL KOG XLU

Dow 9,487.67 -21.61
Nasdaq 2,048.11 -9.37
SP500 1,025.21 -4.64
30-yrBond 4.011% +0.052

Indices gapped lower then quickly moved higher when the dollar turned down. After a few down days, was/am looking for some bounce.

GLD 98.37 +0.48
SLV 15.82 -0.222
PTM 15.37 +0.14

XLE 51.97 -0.27
XLF 14.29 +0.01

ANO 0.8001 -0.0499
EXK 2.62 -0.01
RBY 3.94 -0.01

FXP 10.43 +0.04. Sold in the morning at 10.48 for .36 per share gain.
SDS 42.79 +0.36. Sold in the morning at 42.77 for 3.15 per share loss on a small position.

CNSL 15.88 +0.24. Relative strength. If there are a couple days of market strength next week, look for this to go above recent 52 week of 16.22. Potential scalp or swing trade on the long side.
KOG 2.36 +0.11. Consolidating for possible retest of 2.89.
XLU 28.52 -0.31. Look to short a bounce.

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