aussiebear
Apr 28 2006, 01:45 AM
aussiebear
Apr 28 2006, 01:54 AM
aussiebear
Apr 28 2006, 02:07 AM

Quite a swoop down today with Energy and miners leading the pack. All Ords -0.8% and Telecom is the only green sector, +2.1% although Consumer Discretionary and Healthcare have managed flat status. On the downside, Materials leading, -2.6% and Energy's not far behind, -2.4%.
The miners getting a hammering across the board, all down 2-3%.
Oils similar to the miners: Woodside -3.3% and Santos -2.5%.
Some massive drops in Asia: Sth Korea -2.4% and Nikkers -1.7%..
aussiebear
Apr 28 2006, 02:19 AM
Japan's Consumer Prices Rise for Fifth Straight Month April 28 (Bloomberg) -- Japan's consumer prices gained for a fifth month, adding to the central bank's case for raising interest rates from near zero for the first time in more than five years.
Core consumer prices, which exclude fresh food, increased 0.5 percent in March from a year earlier, the statistics bureau said today in Tokyo.
aussiebear
Apr 28 2006, 02:22 AM
Australian Consumer, Business Borrowing Gains 1.2%April 28 (Bloomberg) -- Lending to Australian consumers and businesses rose more than expected in March, supporting expectations the central bank may increase interest rates as soon as next week.
Total credit provided by banks and other financial institutions gained 1.2 percent from February, the central bank said in a report released in Sydney today. Credit rose 14.3 percent from a year earlier, the largest increase in 18 months.
aussiebear
Apr 28 2006, 06:40 AM

Off sharply today mainly due to miners and oils. All Ords closed -0.8% and there are all sorts of bearish divergences happening on the charts so at least a consolidation due, if not more down. Materials finished -2.6% and Energy -2%. Telecom remained the green leader, +1.6%.
Miners stayed depressed for the remainder of the day, in the -2 to -3% range.
Oils similar to miners although Caltex managed to scrape up +0.9%.
Lots of red in Asia: Sth Korea -2.3%, Honkers -1.3% and Nikkers -1.2%.
Over to UK/Europe:


http://quote.yahoo.com/m2?u
Peek Paper
Apr 28 2006, 10:03 AM
ECI this AM should seal the deal for a mega-1% correction.
Yes, inflation is money supply...
deflation is when the masses can't load up from the supply truck...
POR soon...
DrStool
Apr 28 2006, 12:02 PM
Just a few hours to go. Get your bids in now! Bid on a one-time introductory trial subscription to the Wall Street Examiner Professional Edition at eBay and get a great deal! There's an auction ending today. Now's your chance to get a really great price on an introductory 3-month trial subscription to this indispensible source of information and data you can't get anywhere else!
Bid now on today's auction!Whatamibid? Whatamibid? How about you sir? Yes, you in the corner with the thick glasses and the helicopter beanie! I have 28.01, do I hear 29.01?
Bid here RIGHT NOW for today's auction!
Charmin
Apr 28 2006, 12:02 PM
Is MSFT down over 8% premarket?
Tzu
Apr 28 2006, 12:05 PM
CRB set up The possibility of a CRB pullback like mar 05 is a very similar setup...maybe targetd 630 area first then the IT pullback? Risk/Reward has entered suck mode imo..
Slappy
Apr 28 2006, 12:08 PM
QUOTE
Rate rise in China sparks fear
By Saijel Kishan Bloomberg News
FRIDAY, APRIL 28, 2006
LONDON Oil and some commodity prices retreated Thursday after China raised its benchmark rate for the first time since 2004, a move that sparked fears that increased borrowing costs would curb demand in the world's fastest-growing economy.
Zinc and copper led the decline in commodities. Shares of mining companies such as Xstrata and BHP Billiton also fell after China's central bank raised its one-year lending rate to 5.85 percent from 5.58 percent to curb surging investment. The country's booming economy has fueled a three-year rally in raw materials and metals needed for factories, cars and appliances. China is the biggest consumer of most metals.
......
Copper, which has doubled in the past year, dropped as much as 3.1 percent by early evening in Europe. Zinc tumbled as much as 7.3 percent, its biggest decline since February. Oil, which has climbed 38 percent in the past 12 months, fell 1.3 percent. Gold and silver had their first declines in three days.
.....
Article link....And .....

Tzu
Apr 28 2006, 12:16 PM
QUOTE(Charmin @ Apr 28 2006, 07:02 AM)
Is MSFT down over 8% premarket?
Right thru the lower trend line.....a gap down on this beast will surely be filled....Im buying here...
Charmin
Apr 28 2006, 12:17 PM
gold miner stocks up a tad premarket with growth parameters just turned positive for the next 3-5 days
http://www.analyzeindices.com/current/indices.htm
jabba
Apr 28 2006, 12:19 PM
QUOTE(Charmin @ Apr 28 2006, 08:02 AM)
Is MSFT down over 8% premarket?
Indeed! and the Dow only down about 20 points from yesterdays close.
DrStool
Apr 28 2006, 12:24 PM
I_Am_Madness
Apr 28 2006, 12:26 PM
QUOTE(Tzu @ Apr 28 2006, 07:16 AM)
QUOTE(Charmin @ Apr 28 2006, 07:02 AM)
Is MSFT down over 8% premarket?
Right thru the lower trend line.....a gap down on this beast will surely be filled....Im buying here...
This looks like a setup to gap every down only to end the week with one hell of a jam into the close!
Tzu
Apr 28 2006, 12:28 PM
OPWV getting hacked....remember PHCM anyone?
Drano
Apr 28 2006, 12:38 PM
Tzu -- no. Explain, please?
Charmin
Apr 28 2006, 12:43 PM
Some of this mornings green show premarket. and some of them one decision stocks for a year
http://data.inetats.com/ http://finance.yahoo.com/q/bc?s=STST%2cBIO...2cDROOY&t=1y&c=
Tzu
Apr 28 2006, 12:46 PM
Old tech stock favorite....PHCM went from 1 to 250 or something like that...bought Software.com I think ...shedded dot com name and became OPWV..then back to 1...has done some reverse splits or something etc. since bottoming out....browser in your cell phone...I had options on the thing...made a killing for awhile compounding gains then went all in and got smashed...one of those 1999 learning experiences...
Drano
Apr 28 2006, 12:50 PM
Charmin -- what is BIOM, now down at least a buck for the year (almost 50%) doing on that list of winners?
Ah -- thanks, Tzu.
Charmin
Apr 28 2006, 12:53 PM
QUOTE(Drano @ Apr 28 2006, 07:50 AM)
Charmin -- what is BIOM, now down at least a buck for the year (almost 50%) doing on that list of winners?
Well, just because they are up premarket doesn't make them a winner.. thats why I look at 1 year charts first..
but BIOM is actually a biotech stock I believe.... even stock traders almanac featured it once I believe
Drano
Apr 28 2006, 12:54 PM
BIOM reports "encouraging" results from a phase 2 trial. This is a vaccine for a certain type of lung cancer.
Charmin
Apr 28 2006, 12:54 PM
short covering in the metals for the weekend today
Drano
Apr 28 2006, 12:59 PM
So it looks like the silver ETF is indeed shrinking CEF's premium, as the gold ETF did before. Meant to comment on that last night when Wndy mentioned the loss of premium for CEF.
Roger7485
Apr 28 2006, 01:22 PM
I thought microsoft being down 10% with such a big market cap would cause quite a fallout...but the cubes are only down .5%.
Isnt 10% off a $300 billion company alot of dow points?
dogsie
Apr 28 2006, 01:29 PM
The DOW is a price weighted index, each $1 change in a component is worth the same. The current multipier is about 7, so MSFT's drop of $3 is worth about 21 points
libertas
Apr 28 2006, 01:31 PM
QUOTE(Roger7485 @ Apr 28 2006, 08:22 AM)
I thought microsoft being down 10% with such a big market cap would cause quite a fallout...but the cubes are only down .5%.
Isnt 10% off a $300 billion company alot of dow points?
Dow isn't cap weighted. It is sum of prices divided by a magic number. So for a given % big price like 3M($85) has much more effect than low price MSFT ($27).
Dr Bob Poodit
Apr 28 2006, 01:36 PM
QUOTE(Roger7485 @ Apr 28 2006, 08:22 AM)
I thought microsoft being down 10% with such a big market cap would cause quite a fallout...but the cubes are only down .5%.
Isnt 10% off a $300 billion company alot of dow points?
only works that way on the way up
if msft was +10% everything would be up 1.5+%
on the way down everything is company specific,
any weakness in MSFT equals strength in another joke- say CAT for instance
Drano
Apr 28 2006, 01:43 PM
LSS up .73
Drano
Apr 28 2006, 01:46 PM
Uh, make that LSS up 1.44
Let's see if it can hold it this time.
shorty
Apr 28 2006, 01:53 PM
MSFT and INTC neck and neck race for the 14 to 12 level
SELL
dogsie
Apr 28 2006, 01:53 PM
BKX on another big move this morning, fundamentaly it doesn't make sense to me.
Slappy
Apr 28 2006, 02:02 PM
All right then, let's get this thing running...
jabba
Apr 28 2006, 02:10 PM
I posted this the other day at 12... I guess they beat earnings
shorty
Apr 28 2006, 02:13 PM
lipstick on the Rusty pig for EOM shamprint
freefall Mon
Peek Paper
Apr 28 2006, 02:16 PM
*DJ Fed's Bies: Fed Near 'Where We Want To Be' On Rates SPX + 3
*DJ Fed's Bies: Persistant Energy Gains Could Fuel Inflation SPX + 5.08
.
(MORE TO FOLLOW) Dow Jones Newswires
April 28, 2006 10:16 ET (14:16 GMT)
Dr Bob Poodit
Apr 28 2006, 02:19 PM
that's something you don't see everyday
Sponge breaking out
with one of the largest components -11%
Peek Paper
Apr 28 2006, 02:22 PM
c'mon Susie, say it, say it say it....
*DJ Fed's Bies: Fed Will Print Money "so it can almost reach the moon if you stack 'em in 100's..." SPX ..... not....quite.....a.....new...high....
"POOOOOOOOSSSSSSHHHHHHHH......"
.
(MORE TO FOLLOW) Dow Jones Newswires
April 28, 2006 10:15 ET (14:15 GMT)
shorty
Apr 28 2006, 02:23 PM
QUOTE(Peek Paper @ Apr 28 2006, 05:16 PM)
*DJ Fed's Bies: Fed Near 'Where We Want To Be' On Rates
yeah, near J6P jugular
crank 'em up!
Drano
Apr 28 2006, 02:23 PM
QUOTE(Dr Bob Poodit @ Apr 28 2006, 09:19 AM)
that's something you don't see everyday
Sponge breaking out
with one of the largest components -11%
Dunno, seems to me we see equivalent stupidities all the time.
Drano
Apr 28 2006, 02:26 PM
COH up .40. Expensive ugly handbags -- they'll never be affected by consumer lack of confidence..... will they?
Drano
Apr 28 2006, 02:27 PM
ssshhhhh.... FNM and IBM are down...... ssssshhhhhh
Drano
Apr 28 2006, 02:31 PM
duh-bble post
shorty
Apr 28 2006, 02:31 PM
Half-Century MrotgougeAbout a quarter of new mrotgouges in Californica are 40-year loans. This is the next logical step, Diaz believes.
Statewide's 50-year loan is a 5/1 hybrid, meaning that the introductory interest rate lasts five years and then the rate is adjusted anally for the next 45 years.
Drano
Apr 28 2006, 02:36 PM
They're whacking LSS again.
There's always another shakeout.
DrStool
Apr 28 2006, 02:36 PM
Take a look at msft on an intraday chart.
DrStool
Apr 28 2006, 02:37 PM
Then look at DELL
DrStool
Apr 28 2006, 02:37 PM
Makes a lot of sense, huh?
Drano
Apr 28 2006, 02:39 PM
QUOTE(DrStool @ Apr 28 2006, 09:36 AM)
Take a look at msft on an intraday chart.
You going Elliott Wave on us, Doc?
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please
click here.