Thursday, July 01, 2010

20100701 PM, Bear Market

Dow 9,732.53 -41.49
Nasdaq 2,101.36 -7.88
SP500 1,027.37 -3.34
10-YrBond 2.93% -0.24

Euro higher and dollar much lower. Indices sold off then staged some recovery.
Gold and silver down dramatically.
Indices have returned to September 2009 levels. The bear market that began in 2007 has returned.

GLD 117.04 -4.64 (3.81%)
SLV 17.44 -0.77 (4.23%)
PTM 17.77 -0.35 (1.93%)

XLE 49.50 -0.18
XLF 13.68 -0.13

VXX 30.90 -0.30

EVOGF 0.77 +0.01
MDW 0.50 +0.04 (8.70%). Made 52 week low then rebounded strongly. 52 week range 0.41 - 1.04.

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