Thursday, July 08, 2010

20100708 1419

DJIA 10,036.52 +18.24
NASDAQ 2,151.00 -8.47
SP500 1,058.82 -1.45

Large bounce yesterday above some support levels provided hope that rally would continue through the summer. Today the indices tested higher prices on lighter volume, and the indices are now breaking to lows of the day.

Precious metals can be bought here for a bounce.

SDS 35.51 +0.07. ProShares UltraShort S&P 500 ETF. Started small position at ~35.51. May add more tomorrow (Friday).

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