Monday, September 15, 2008

20080915PM

DOW 10,917.51 -504.48 (-4.42%)
NASDAQ 2,179.91 -81.36 (-3.60%)
S&P 500 1,192.70 -59.00 (-4.71%). Closed below 1215 from July 15 with more volume. Can go a couple hundred points lower in the next couple weeks. Expect tomorrow's open with a gap down.

Last Change Settle
Crude Oil 94.52 -6.66 95.71
Gold, Dec 790.8 26.3 787.0
Credit leverage is continuing to unwind, causing everything to trade down.

AIG 4.76 -7.38. Down 60.79%. Huge insurer. If AIG goes under, everyone with AIG policies will be without insurance.
LEH .21 -94.25%. Filed bankruptcy this morning.
SDS 74.01 +6.6. Bought today.

CMG 56.11 -.59. 52 week low.
CUBA 6.00 -.40. 52 week low. 20% dividend.
FRO 45.32 -4.64. Shipper. 52 week low is 34.
JNPR 25.21 -.60. Average volume.

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