DOW 6763.29 -299.64 (-4.24%). Close below 7000 makes headlines. Back to 1997 levels.
NASDAQ 1322.85 -54.99 (-3.99%)
SP500 700.82 -34.27 (-4.66%)
AIG takes another bailout and stocks plunge without massive volume. Gold and silver slightly lower while miners sell off with some volume.
GLD 90.93 -1.70. Some talk that recent failure at 1000 has put in a head-and-shoulders top. Man-on-the-street logic thinks that huge deficits and quantitative easing will support hard currencies including precious metals.
SLV 12.77 -.11
PTM 12.85 -.23
TRE 3.89 -.29. Look to buy around 3.
GGN 12.32 -.29. 13% dividend.
AA 5.49 -.74 (11.88%). 52 week low with volume.
FAS 3.97 -.93 (18.98%)
FXF 84.85 -.52. CurrencyShares Swiss Franc Trust. 52 week range 81.26 - 102.03.
SRS 92.00 +11.66 (14.51%). 52 week range 48.00 - 295.72.
Natural gas pipeline/high-dividend:
APL 4.41 -1.29 (22.63%). Earnings. In hindisght, this should have been sold earlier this month when it failed to push into 8s. 52 week low. 52 week range 4.36 - 45.10. 27% dividend is now a 35% dividend IF it gets paid.
LINE 14.03 -.98 (6.53%). 18% dividend.
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