20110802 PM

Dow 11,866.62 -265.87. Sold off into the close.
Nasdaq 2,669.24 -75.37
SP500 1,254.05 -32.89
10-YrBond 2.62% -0.12

General index buy, for a bounce, did not materialize. Politicians must be nervous and QE3 is nearing. European indices sharply lower. Swiss Franc sharply higher.

^TYX 3.92 -0.15 (3.73%). Treasury Yield 30 Years. Yield below 4%.

GLD 161.52 +3.80
SLV 39.82 +1.53
PTM 20.91 +0.01
XLE 74.21 -2.12
XLF 14.34 -0.40
VXX 23.97 +1.56

F 11.85 -0.50 (4.05%). 52 week range 10.95 - 18.97.
GM 27.05 -1.02 (3.63%). 52 week range 27.02 - 39.48.
MDW 2.57 +0.05
SLV 39.82 +1.53 (+4.00%). At 3PM broke strongly above day high of 39.25 to shoot higher. Closed into highs of day.