Wednesday, December 05, 2012

20121205 PM

Dow 13,034.49 +82.71
Nasdaq 2,973.70 -22.99
SP500 1,409.28 +2.23
30-yrBond 2.78% 0.00

GLD 164.12 -0.30
SLV 31.82 -0.08
PTM 18.67 -0.17
XLE 70.90 +0.49
XLF 15.85 +0.19
VXX 30.16 -0.51

Last Friday the SP500 did close higher, though barely.  Monday it was higher, and that was the sell.  I was out of the office on last minute personal items.  Returning today, closed the SP500 trade and the silver trade.  While SP500 has a chance the high from Monday within the next week, the risk is too high right now.

AGQ 52.07 -0.28.  Sold at 51.30.
UPRO 84.76 +0.45.  Sold at 83.37 for about $2 per share loss.  Monday was the day to sell, but I was out of pocket.  Didn't want to have a trailing stop taken out, so had not stop because planned to be watching.  Closed it out without regrets.


AAPL 538.79 -37.05.  With the massive institutional involvement, get out of the way of this selling.
TIBX 20.00 -4.72

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