20110228 PM

Dow 12,226.34 +95.89
Nasdaq 2,782.27 +1.22
SP500 1,322.75 +2.87
30-yrBond 4.49% -0.03

GLD 137.66 +0.28
SLV 33.11 +0.55
PTM 21.31 +0.12

XLE 78.54 +0.60
XLF 16.85 +0.08
VXX 30.18 -1.33

Final day of trading month.
Dollar closed lower at 76.86, below the important 77. Bernanke of the private central bank known as the Federal Reserve speaks tomorrow at 10AM about QE2 and more money printing. Look for dollar strength.
Metals higher. Silver continued a breath-taking climb higher and closed near day highs. In 2010 precious metals went higher, paused, then went higher again in the Spring. Big miners seem weak and are diverging from price of silver an silver explorers.

AGQ 186.26 +6.44. Closed at 184.50 for 36.55 per share gain.
SVM 13.08 +0.39. Closed at 12.89 for .21 per share gain.

GPL 4.08 +0.62 (17.92%). Am long from 2.88.

MDW 1.94 +0.23 (13.45%)

LLNW 6.95 -0.43 (5.83%). Very weak. Short it.