May 10, 2007
Stock Du Jour (DNDN) & Random Observations
The last several days look like difficult times for day traders. Anyway, short funds fill the new lows list, including the short Dow fund with its great ticker symbol, DOG. Notable new highs include Apple (AAPL), Research in Motion (RIMM), Brazil (EWZ), and a slew of metals stocks — the Metals and Mining SPDR (XME) is a good way to get exposure here, though old guys like me still hold the Basic Materials SPDR (XLB).
Dendreon (DNDN) opened down over 50%. The perils of biotech. Day trading dummies should have been able to make a few bucks here, assuming shares were available to short (unlikely?).
Cat: | Time: 7:19 am (utc+8)
May 14th, 2007 at 6:43 pm
The art of creating a great ticker symbol…
The art of creating a great ticker symbol
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