Tuesday, October 19, 2010

20101019 1355

Dow 10,998.91 -144.78
Nasdaq 2,444.23 -36.43
SP500 1,169.43 -15.28
10-YrBond 2.4950% -0.0040

Dollar opened sharply higher, marked time and gave back a few pennies, and looks to continue making gains.
With indices having climbed higher with light volume the past couple months, a sell-off could quickly get out of control. This is not the time to be aggressively long stocks.

GLD 130.34 -3.94
SLV 23.14 -0.82
PTM 19.71 -0.32

EUO 19.38 +0.55. ProShares UltraShort Euro. Closed my eyes and bought at 19.37.

AAPL 310.52 -7.48
UUP 22.64 +0.32. PowerShares DB US Dollar Index Bullish.
DZZ 9.12 +0.60 (7.04%). PowerShares DB Gold Double Short ETN.

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