Thursday, September 30, 2010

20100930 1525

DJIA 10,805.04 -30.24
NASDAQ 2,375.27 -1.29
SP500 1,143.80 -0.93

Indices opened higher, sold off, and are stabilizing with a small loss. Metals recovering nicely.

AGQ 83.30 -0.67. Previous close 83.97. Day range 81.58 - 85.28. Added a 1/2 long position at 83.2 to increase the full position started yesterday.

20100930 1140

DJIA 10,785.18 -50.10
NASDAQ 2,358.32 -18.24
SP500 1,140.52 -4.21

Dollar higher, metals lower. Indices trying to turn up right now.

EVOGF 0.82 +0.019. Sold at .823 for nearly .18 per share loss. 52 week range .61 - 1.26. Closed this tiny position in a dog of a gold miner.

Wednesday, September 29, 2010

20100929 1228

DJIA 10,856.93 -1.21
NASDAQ 2,380.12 +0.53
SP500 1,147.40 -0.30

Short metals did not work, so will follow trend by going long metals.

AGQ 84.72 +1.50. Long at 84.78.

20100929 1225

DJIA 10,863.06 +4.92
NASDAQ 2,381.65 +2.06
SP500 1,148.19 +0.49

Was looking for dollar bounce which did not happen overnight. Closing the 1/2 position of gold short and looking to go long a precious metal for scalp trade.

DZZ 9.44 -0.03. Sold at 9.43 for .25 per share loss.

Tuesday, September 28, 2010

20100928 1027

DJIA 10,792.18 -19.86
NASDAQ 2,356.75 -13.02
SP500 1,138.52 -3.64

Some volatility in the first half hour. Everyone is holding their breath waiting for a plunge, while indices have continued higher on lighter volume.
Overnight gold traded $20 lower then recovered. Looking to go short silver or gold for a scalp.

GLD 127.22 +0.50
SLV 20.96 -0.03
PTM 19.24 +0.00

DZZ 9.60 -0.07. PowerShares DB Gold Double Short ETN. Started 1/2 position at 9.68. Day range 9.57 - 9.78. Previous close 9.67.

Friday, September 17, 2010

20100917 0946

DJIA 10,618.45 +23.62
NASDAQ 2,312.01 +8.76
SP500 1,128.56 +3.90

Indices opened higher on earnings reports. Option expiry pushing around prices.
Overnight the dollar moved higher and metals lower. This seems to have played out and may pause or reverse.

AGQ 75.84 -0.46. Aggressive long silver swing trade. Looking to close today.

Thursday, September 16, 2010

20100915 PM

Dow 10,572.73 +46.24
Nasdaq 2,301.32 +11.55
SP500 1,125.07 +3.97
30-yrBond 3.8740% +0.8800

GLD 123.94 -0.08
SLV 20.17 +0.12
PTM 19.07 +0.24

XLE 54.66 -0.11
XLF 14.76 +0.05

VXX 17.31 -0.26

AGQ Tuesday, 14th, bought small position at 73.89.
NNVC Tuesday, 14th, sold second half of position at 1.10 for huge 1.38 per share loss. In retrospect, should have sold all of it in May.