Sunday, October 02, 2011

20110930 Weekend

Dow 10,913.38 -240.60
Nasdaq 2,415.40 -65.36
SP500 1,131.42 -28.98
10-YrBond 1.92% -0.03

Precious metals were mixed and miners continued to fall. Large drop in COMEX gold and silver short positions.
Copper continued to sell off. Consider buying at 2.9.

GLD 158.06 +0.36
SLV 28.91 -1.05
PTM 17.64 -0.19
XLE 58.51 -1.77
XLF 11.81 -0.43
VXX 53.37 +3.51

EK 0.7801 -0.91 (-53.84%). Bankruptcy speculation. At this price, this is a lottery ticket.
PCLN 449.46 -28.56 (-5.97%)

GDX 55.19 +0.16 (+0.29%)
DUST 39.72 -0.40 (-1.00%)
FCX 30.45 -0.89 (-2.84%). Intraday 52 week low.
SVM 7.91 +0.12 (+1.54%). News is they are opening their operations and books to inspection to dispute claims of fraud.
TRX 3.59 -0.11 (-2.97%)

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