Wednesday, March 02, 2011

20110302 PM

DOW 12066.80 +8.78
NASDAQ 2748.07 +10.66
SP500 1308.44 +2.11
10Yr.T-Note 3.464% +0.5

For the bulls, the indices made a nice recovery. Uncertainty with oil supplies couldn't keep the indices down.

GLD 139.92 -0.11
SLV 33.84 -0.03
PTM 21.92 +0.09

XLE 77.51 +0.44
XLF 16.39 +0.10
VXX 32.53 -0.08

Gold and silver were lower, then found a bid to close with a tiny loss. The dips are being bought.

GPL 4.31 -0.21. Sold 1/2 of the long position today to lock in gains. Day range 3.96 - 4.76. Looked over the cliff and turned higher. Support at 3.5.
NUGT 37.94 +0.06
UXG 8.01 +0.05

SIMG 9.69 +1.72 (21.58%). Silicon Image, Inc.
ZAGG 7.07 -2.23 (23.98%). ZAGG Incorporated.

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