Next trading day focus(9/23/08)

Today's IB end balance is 61520.
Market has big down, Dow -381 or -3.28%, S&P 94.92 or 4.17%, Nasdaq 47.95 or 3.82%,
My portfolio put a small gain because of GDX+200 and CAF-200 and SNP-100. all post gains, total about 1000.
COST-WMT so far has about 400 loss.
Last Friday's decision to unload DRYS, DSX and GNK were correct move. Look to reload position if price drop more this week.

1. Closely follow GLD and SLV movement, if gap enlarge, then do +SLV-GLD, or if SLV price drop, buy SLV

2. +LEG-ETH, have short interest 23% and 41%, gap is 11% over last 5 days, if LEG*256-ETH*200<0, preferable -100, then load position

3. +CF-AGU: miss opportunity today, CF has been lag behind AGU, historically performan better, if CF*100-AGU*144<0 perferable -100, then load position

4. +MGM-WYNN, if MGM*300-WYNN*100 < 0 then load position, even < 200, can consider

5. Closely follow DRYS, GNK and DSX and BDI

6. Closely follow FXI and CAF

7. +HD-LOW, HD oversold during last a few days, 7% gap in 5 days, load if HD*240-LOW*256<0

8. +AAPL-RIMM, no specific reason, just AAPL is a little oversold comparing to RIMM, both are well respected companies and I just personally like AAPL more

9. Short FXP if not opened down