20091224 Weekend, GBG VXX

Dow 10,520.10 +53.66
Nasdaq 2,285.69 +16.05
SP500 1,126.48 +5.89
30-yrBond 4.6870% +0.0840

Short trading week. Stock indices made highs on lighter volume. Next week will also be short with lighter volume.
All eyes are watching government bonds for higher interest rates. Highest spread EVER between the different terms, which indicates people don't want the longer terms. The only group buying government debt appears to be the Federal Reserve cartel.
Weekly gold closed over 1100.
After markets closed for the week, tax cheat Tim Geithner of the Treasury said Fannie & Freddie will have an unlimited backstop (raised to unlimited from $200 billion).

GLD 108.36 +1.81
PTM 18.03 +0.56
SLV 17.17 +0.36

XLE 57.81 +0.27
XLF 14.53 +0.13

VXX 32.60 -0.28. iPath S&P 500 VIX Short-Term Futures ETN. 52 week range 32.16 - 120.00. While this can keep going lower, particularly next week when there will be less market volume, the lower this goes the more explosive the move up will be.

GBG 1.74 -0.04. 52 week range 0.87 - 1.90. Can buy some here and buy more on a pullback.
EXK 3.85 +0.07
PAAS 24.21 +0.18
RBY 4.80 +0.10. Intraday 52 week high. 52 week range 0.91 - 4.93.
TGB 4.40 +0.02

F 10.13 +0.05. Intraday 52 week high. 52 week range 1.50 - 10.20.
REN 11.61 -0.03. Resolute Energy Corporation. At yearly highs.