Tuesday, August 30, 2011

20110830 PM

DOW 11,559.64 +20.39
NASDAQ 2,576.11 +14.00
SP500 1,212.89 +2.81. Repelled at 1220.

Stock indices went slightly higher with light volume.
Precious metals nice move higher.

AGQ 224.22 +7.22
DGP 68.45 +3.52. Long at 68.50 near end of day. Had expected silver to be stronger than gold, but gold is pulling higher quicker than silver.
SDS 22.80 -0.09. Long at 23.05. ProShares UltraShort S&P 500. Price rose last half hour and shook out some shorts, before it went lower to close near flat.

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