20090306 PM

Dow 6,626.94 +32.50
Nasdaq 1,293.85 -5.74
S&P 500 683.38 +.83
30-yr Bond 3.503% -.002
Percentage-wise worst week of 2009. Decent market action today with rejection of lower price, though without buyers the DOW can quickly test 6000. In the short term, there may be a nice bounce.
GLD 92.29 +.303
SLV 13.18 +.03
PTM 13.06 +.12

DDM 18.12 +.25. Ultra Dow30 ProShares. Day range 17.21 - 18.75. New 52 week low. Rejected lower price.

UUP 26.60 -.13. PowerShares DB US Dollar Index Bullish. Dollar has strength.

DGP 20.73 +.16.
DIG 18.18 +.43.

WFC 8.61 +.49 (6.03%). Big volume. Looking to quickly bounce higher.

EEV 61.40 1.59. Intraday buy signal. Didn't find a good place to buy, though did make .73 during the day. Trailing stop was important to close it out, as a SELL AT CLOSE would have been a slight loss due to steep sell-off over final thirty minutes. In other words, once in-the-money, the trailing stop is needed to protect profits. Due to the late-day sell-off, this was a failed buy signal. With even a large trailing stop, this failed signal made money.

Shipping:
DRYS 3.67 0.13 (3.67%). Will 23% dividend be paid?
EGLE 4.54 +.66 (17.01%). Will 53% dividend be paid?

TNA 11.092 +.132. Day range 10.27 - 11.75. 52 week range 10.27 - 39.63. New 52 week low and rejected the lower price and closed above yesterday's close. Consider swing long for Monday.