Tuesday, April 27, 2010

20100427 1127 Cliff Diving

DJIA 11,097.41 -107.62
NASDAQ 2,498.00 -24.95
SP500 1,197.68 -14.37

Asia was down last night along with Europe. Our markets opened down, tried to recover to even, then abruptly gave it up and sold off. A chart of the sell-off is tracking a cliff diver.
Dollar is higher and gold & silver are higher. Gold is at all time highs in most currencies (except the dollar).

Fed's FOMC has a one day meeting tomorrow.

DGP 29.34 +0.34. Added small portion to long at 29.3.

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