Thursday, July 06, 2006


Lost a little today. Gold shares went down several cents and so did UDR. Tried to catch XMSR on a "buy me" set up but it went nowhere and I sold it at break even. The DOW was up but basically only recaptured what it lost yesterday. Most of the gain was on Altria and the good news that they don't have to pay billions of dollars in penalties. Transports were down heavy as was NASDAQ. SPX was up a couple of points but nothing to get excited about.

I think the market is going to drift through the rest of July and go down through August.

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