http://quote.yahoo.com/m2?u
Full Version: IDS World Markets Thurs 19th October 06
Stool Pigeons Wire Message Board > Stock Market Message Board > Intraday Stool- Stock Market Short Term Trading
Marking time once again. All Ords flat with a sprinkling of unenthusiastic green sectors. Financials is up the most, +0.4% and at the other end, Consumer Staples is the reddest, -1.7%.
In the miners, RIO is up there, +1.8% but BHP flat. The golds are all down on lightish volume.
Oils mixed: Woodside -2.2% and Santos +0.4%.
Not much happening in Asia either, small gains/losses.
Brazil Cuts Benchmark Rate to 13.75% to Spur Economy
Oct. 18 (Bloomberg) -- Brazil's central bank cut the benchmark lending rate a half percentage point in an unanimous vote after 10 straight reductions have failed to stimulate economic growth.
Policy makers voted unanimously cut the overnight interbank rate to 13.75 percent, as expected by 23 of 25 economists surveyed by Bloomberg. Central bankers have slashed the benchmark rate 6 percentage points since September 2005. The bank set no bias in favor or raising or cutting rates in future decisions.
Oct. 18 (Bloomberg) -- Brazil's central bank cut the benchmark lending rate a half percentage point in an unanimous vote after 10 straight reductions have failed to stimulate economic growth.
Policy makers voted unanimously cut the overnight interbank rate to 13.75 percent, as expected by 23 of 25 economists surveyed by Bloomberg. Central bankers have slashed the benchmark rate 6 percentage points since September 2005. The bank set no bias in favor or raising or cutting rates in future decisions.
China's Economic Growth Slows on Investment Controls
Oct. 19 (Bloomberg) -- China's economic growth slowed last quarter from the fastest pace in more than a decade as Premier Wen Jiabao curbed investment.
Gross domestic product in the three months ended Sept. 30 increased 10.4 percent from a year earlier, compared with 11.3 percent in the second quarter, the statistics bureau said in Beijing today. It was the first slowdown in a year.
China's soaring trade surplus has flooded the world's fourth-largest economy with cash, funding an investment binge that may result in idle factories and bankruptcies. Foreign exchange reserves have surged to almost $1 trillion, fueled by exports that the U.S. and Europe say are unfairly supported by an undervalued currency.
Oct. 19 (Bloomberg) -- China's economic growth slowed last quarter from the fastest pace in more than a decade as Premier Wen Jiabao curbed investment.
Gross domestic product in the three months ended Sept. 30 increased 10.4 percent from a year earlier, compared with 11.3 percent in the second quarter, the statistics bureau said in Beijing today. It was the first slowdown in a year.
China's soaring trade surplus has flooded the world's fourth-largest economy with cash, funding an investment binge that may result in idle factories and bankruptcies. Foreign exchange reserves have surged to almost $1 trillion, fueled by exports that the U.S. and Europe say are unfairly supported by an undervalued currency.
Australian Household Debt Reaches Record, Central Bank Says
Oct. 19 (Bloomberg) -- Australian households debt reached a record in the second quarter, the central bank said today.
Australians' debt to disposable income ratio climbed 3.2 percentage points to a record 156.9 percent, and has doubled in just over eight years. The proportion of income consumed by interest payments is a record 11.4 percent, and also twice as high as eight years ago.
The Reserve Bank of Australia has raised borrowing costs twice this year, and most economists predict another increase next month. House prices have surged more than 30 percent in the past four years, forcing people to take out larger loans. Central bank chief Glenn Stevens last month said record household borrowing created risks that the bank was unsure how to evaluate.
``How households will behave under conditions of greater macroeconomic stress, which surely will one day occur, we cannot yet know,'' he said in a speech on Sept. 15.
Oct. 19 (Bloomberg) -- Australian households debt reached a record in the second quarter, the central bank said today.
Australians' debt to disposable income ratio climbed 3.2 percentage points to a record 156.9 percent, and has doubled in just over eight years. The proportion of income consumed by interest payments is a record 11.4 percent, and also twice as high as eight years ago.
The Reserve Bank of Australia has raised borrowing costs twice this year, and most economists predict another increase next month. House prices have surged more than 30 percent in the past four years, forcing people to take out larger loans. Central bank chief Glenn Stevens last month said record household borrowing created risks that the bank was unsure how to evaluate.
``How households will behave under conditions of greater macroeconomic stress, which surely will one day occur, we cannot yet know,'' he said in a speech on Sept. 15.
In case Big Doo Doo didn't see my late-night M2M response to his post re BIOM:
I have no idea why it was up so much -- 8% during the trading day and another 12%
after hours. No news to explain it.
But I'll be glad to see that trend continue.
EDIT: I just looked at money flow. It's improved dramatically of late. My guess is: someone knows sumpin'
I have no idea why it was up so much -- 8% during the trading day and another 12%
after hours. No news to explain it.But I'll be glad to see that trend continue.
EDIT: I just looked at money flow. It's improved dramatically of late. My guess is: someone knows sumpin'
One big sideways move for the last 5 days (not to mention the last 5 months). A couple of the indicators showing bearish divergences so things may start to get interesting. All Ords did a late day plunge to close -0.5%. Only one sector closed green, Healthcare, +0.1%. Consumer Staples led at the red end, -2.5%.
The miners lost ground: BHP -1% and RIO off its morning highs, +1.1%. Not too much good news in the golds either: Lihir -2.5%, Newmont -2.6% and Newcrest -1.1%.
In the oils, Woodside -2.6% and Santos flat.
Asia mixed...
Over to UK/Europe:
http://quote.yahoo.com/m2?u
Wow!
aussiebear links to barcharts.com in her post every day and they have updated the futures link with their standard, robitic tecnical indicators.
Energy Futures
Current signals of note and as examples-
Buy DJIA (overwhelming)
Sell WTIC (overwhelming)
And if you believe those signals, please contact me with your private banking details, including your account number and PIN.
There have many bridges throughout Australia which I can either sell to you for cash or buy from you on credit, as you so desire and to meet your own particular financial needs.
aussiebear links to barcharts.com in her post every day and they have updated the futures link with their standard, robitic tecnical indicators.
Energy Futures
Current signals of note and as examples-
Buy DJIA (overwhelming)
Sell WTIC (overwhelming)
And if you believe those signals, please contact me with your private banking details, including your account number and PIN.
There have many bridges throughout Australia which I can either sell to you for cash or buy from you on credit, as you so desire and to meet your own particular financial needs.
Don't fade the Trend Spotter™
Johnny Bilkins
00000-0133-3134053123 32313-1344515-10349
CLX6 - CRUDE OIL November 2006 (NYMEX)
Trend Spotter TM Sell
Long Term Indicators Average: 100% - Sell
Overall Average: 88% - Sell
Price Support Pivot Point Resistance
57.65 56.02 58.17 60.32
http://quote.barchart.com/texpert.asp?sym=CLX6&code=BSTK
Do you buy at 100% sell since it can't go any lower?
Johnny Bilkins
00000-0133-3134053123 32313-1344515-10349
CLX6 - CRUDE OIL November 2006 (NYMEX)
Trend Spotter TM Sell
Long Term Indicators Average: 100% - Sell
Overall Average: 88% - Sell
Price Support Pivot Point Resistance
57.65 56.02 58.17 60.32
http://quote.barchart.com/texpert.asp?sym=CLX6&code=BSTK
Do you buy at 100% sell since it can't go any lower?
In the midst of the celebration re: Dow 12,000, here's a chart of the inflation-adjusted Dow. Whoops, it's not at a record high. It's just barely retraced half of the prior bear market's decline. We saw a similar pattern of nominal Dow highs but lower real Dow peaks from 1966 through 1972 prior to the big market drop.
Brett Steenbarger
Brett Steenbarger
roundup of this mornings earnings reports.
QUOTE
6:45AM Coca-Cola beats by $0.03 (KO) 43.96 : Reports Q3 (Sep) earnings of $0.62 per share, excluding non-recurring items, $0.03 better than the Reuters Estimates consensus of $0.59; revenues rose 6.9% year/year to $6.45 bln vs the $6.19 bln consensus. Co reports worldwide unit case volume up 5% for the third quarter, led by 7% growth in International. Carbonated beverages grew 5% in the quarter - highest growth since 2000.
6:42AM Barnes Group beats by $0.04, ups Y06 EPS guidance ( B ) 18.25 : Reports Q3 (Sep) earnings of $0.35 per share, $0.04 better than the Reuters Estimates consensus of $0.31; revenues rose 18.6% year/year to $322 mln vs the $304.4 mln consensus. Co issues upside guidance for FY06, raises EPS guidance to $1.33-1.35 from $1.28-1.33 previous guidance vs. $1.30 consensus.
6:39AM Vitran misses by $0.02 (VTNC) 19.07 : Reports Q3 (Sep) earnings of $0.38 per share, $0.02 worse than the Reuters Estimates consensus of $0.40; revenues rose 4.6% year/year to $121.5 mln vs the $124.7 mln consensus.
6:30AM Fifth Third beats by a penny (FITB) 39.28 : Reports Q3 (Sep) earnings of $0.68 per share, $0.01 better than the Reuters Estimates consensus of $0.67.
6:29AM Novartis AG beats by $0.05 (NVS) 57.87 : Reports Q3 (Sep) earnings of $0.80 per share, $0.05 better than the Reuters Estimates consensus of $0.75; revenues rose 12.7% year/year to $9.48 bln vs the $9.61 bln consensus.
6:21AM Check Point Sftwr beats by $0.02, ex items (CHKP) 20.00 : Reports Q3 (Sep) earnings of $0.34 per share, excluding non-recurring items and stock based compensation expense, $0.02 better than the Reuters Estimates consensus of $0.32; revenues rose 2.6% year/year to $142.5 mln vs the $138.8 mln consensus.
6:19AM Tribune misses by $0.02 (TRB) 32.90 : Reports Q3 (Sep) earnings of $0.43 per share, excluding non-recurring items, $0.02 worse than the Reuters Estimates consensus of $0.45; revenues fell 2.5% year/year to $1.35 bln vs the $1.37 bln consensus.
6:19AM Continental Air beats by $0.06 (CAL) 32.24 : Reports Q3 (Sep) earnings of $1.36 per share, excluding non-recurring items, $0.06 better than the Reuters Estimates consensus of $1.30; revenues rose 17.2% year/year to $3.52 bln vs the $3.52 bln consensus. Consolidated revenue passenger miles (RPMs) for the quarter increased 10.5% year-over-year on a capacity increase of 9.1%, resulting in a record consolidated load factor for the quarter of 82.2%, 1.1 points above the previous record set in the same period in 2005. Consolidated yield increased 6.0% year-over-year.
6:17AM Danaher beats by a penny (DHR) 70.49 : Reports Q3 (Sep) earnings of $0.83 per share, $0.01 better than the Reuters Estimates consensus of $0.82; revenues rose 24.2% year/year to $2.44 bln vs the $2.4 bln consensus.
6:16AM Citigroup beats by $0.03 © 50.19 : Reports Q3 (Sep) earnings of $1.06 per share, $0.03 better than the Reuters Estimates consensus of $1.03.
6:12AM UnitedHealth beats by $0.03; reaffirms Fy06 guidance; issues in-line FY07 guidance (UNH) 47.92 : Reports Q3 (Sep) earnings of $0.79 per share, $0.03 better than the Reuters Estimates consensus of $0.76; revenues rose 55.3% year/year to $18.01 bln vs the $18.1 bln consensus. Co reaffirms guidance for FY06, sees EPS of $2.95-2.97 vs. $2.95 consensus. Co issues in-line guidance for FY07, sees EPS of $3.39-3.41 vs. $3.41 consensus; sees FY07 revs of $79 bln vs. $79.5 bln consensus.
6:08AM Avocent beats by $0.14, ex items (AVCT) 31.62 : Reports Q3 (Sep) earnings of $0.66 per share, excluding non-recurring items, $0.14 better than the Reuters Estimates consensus of $0.52; revenues rose 47.1% year/year to $142.3 mln vs the $140.4 mln consensus.
http://finance.yahoo.com/marketupdate/inplay
6:42AM Barnes Group beats by $0.04, ups Y06 EPS guidance ( B ) 18.25 : Reports Q3 (Sep) earnings of $0.35 per share, $0.04 better than the Reuters Estimates consensus of $0.31; revenues rose 18.6% year/year to $322 mln vs the $304.4 mln consensus. Co issues upside guidance for FY06, raises EPS guidance to $1.33-1.35 from $1.28-1.33 previous guidance vs. $1.30 consensus.
6:39AM Vitran misses by $0.02 (VTNC) 19.07 : Reports Q3 (Sep) earnings of $0.38 per share, $0.02 worse than the Reuters Estimates consensus of $0.40; revenues rose 4.6% year/year to $121.5 mln vs the $124.7 mln consensus.
6:30AM Fifth Third beats by a penny (FITB) 39.28 : Reports Q3 (Sep) earnings of $0.68 per share, $0.01 better than the Reuters Estimates consensus of $0.67.
6:29AM Novartis AG beats by $0.05 (NVS) 57.87 : Reports Q3 (Sep) earnings of $0.80 per share, $0.05 better than the Reuters Estimates consensus of $0.75; revenues rose 12.7% year/year to $9.48 bln vs the $9.61 bln consensus.
6:21AM Check Point Sftwr beats by $0.02, ex items (CHKP) 20.00 : Reports Q3 (Sep) earnings of $0.34 per share, excluding non-recurring items and stock based compensation expense, $0.02 better than the Reuters Estimates consensus of $0.32; revenues rose 2.6% year/year to $142.5 mln vs the $138.8 mln consensus.
6:19AM Tribune misses by $0.02 (TRB) 32.90 : Reports Q3 (Sep) earnings of $0.43 per share, excluding non-recurring items, $0.02 worse than the Reuters Estimates consensus of $0.45; revenues fell 2.5% year/year to $1.35 bln vs the $1.37 bln consensus.
6:19AM Continental Air beats by $0.06 (CAL) 32.24 : Reports Q3 (Sep) earnings of $1.36 per share, excluding non-recurring items, $0.06 better than the Reuters Estimates consensus of $1.30; revenues rose 17.2% year/year to $3.52 bln vs the $3.52 bln consensus. Consolidated revenue passenger miles (RPMs) for the quarter increased 10.5% year-over-year on a capacity increase of 9.1%, resulting in a record consolidated load factor for the quarter of 82.2%, 1.1 points above the previous record set in the same period in 2005. Consolidated yield increased 6.0% year-over-year.
6:17AM Danaher beats by a penny (DHR) 70.49 : Reports Q3 (Sep) earnings of $0.83 per share, $0.01 better than the Reuters Estimates consensus of $0.82; revenues rose 24.2% year/year to $2.44 bln vs the $2.4 bln consensus.
6:16AM Citigroup beats by $0.03 © 50.19 : Reports Q3 (Sep) earnings of $1.06 per share, $0.03 better than the Reuters Estimates consensus of $1.03.
6:12AM UnitedHealth beats by $0.03; reaffirms Fy06 guidance; issues in-line FY07 guidance (UNH) 47.92 : Reports Q3 (Sep) earnings of $0.79 per share, $0.03 better than the Reuters Estimates consensus of $0.76; revenues rose 55.3% year/year to $18.01 bln vs the $18.1 bln consensus. Co reaffirms guidance for FY06, sees EPS of $2.95-2.97 vs. $2.95 consensus. Co issues in-line guidance for FY07, sees EPS of $3.39-3.41 vs. $3.41 consensus; sees FY07 revs of $79 bln vs. $79.5 bln consensus.
6:08AM Avocent beats by $0.14, ex items (AVCT) 31.62 : Reports Q3 (Sep) earnings of $0.66 per share, excluding non-recurring items, $0.14 better than the Reuters Estimates consensus of $0.52; revenues rose 47.1% year/year to $142.3 mln vs the $140.4 mln consensus.
http://finance.yahoo.com/marketupdate/inplay
Nas futures down much more percentagewise than SPX.
Hmm.
Hmm.
I was reading investment U this morning.
#595 – Let the Great “Homeowner Bailout” Begin
"Based on the GIRLI Indicator (Greenspan Internal Real Estate Loss Indicator), we are about two years away from seeing the bottom in the real estate market."
#595 – Let the Great “Homeowner Bailout” Begin
"Based on the GIRLI Indicator (Greenspan Internal Real Estate Loss Indicator), we are about two years away from seeing the bottom in the real estate market."
AAPL breaks $79 pre-market
DJ Fed Accepts $9 Bln In 14-Day RPs
Type of transaction: 14-Day RPs
Total accepted: $9 Bln
Total submitted: $73.7 Bln
Agency Collateral Operation
Total accepted: $3.999 Bln
Total submitted: $19.85 Bln
Stop-Out Rate: 5.25%
Weighted Average: 5.25%
High-rate submitted: 5.26%
Low-rate submitted: 5.21%
Treasury Collateral Operation
Total accepted: $5.001 Bln
Total submitted: $30.85 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.24%
Low-rate submitted: 5.17%
Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $23 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.26%
Low-rate submitted: 5.24%
Type of transaction: 14-Day RPs
Total accepted: $9 Bln
Total submitted: $73.7 Bln
Agency Collateral Operation
Total accepted: $3.999 Bln
Total submitted: $19.85 Bln
Stop-Out Rate: 5.25%
Weighted Average: 5.25%
High-rate submitted: 5.26%
Low-rate submitted: 5.21%
Treasury Collateral Operation
Total accepted: $5.001 Bln
Total submitted: $30.85 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.24%
Low-rate submitted: 5.17%
Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $23 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.26%
Low-rate submitted: 5.24%
Good Morning!
Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!
You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply.
If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.
If you know others who might be interested in joining us, use the email to a friend link above the thread.
Many tanks for joining us!
Doc
Try the Professional Edition risk free for thirty days. Click here for more information.
NEW! Unbundled subscription service packages starting from as low as $39! Subscribe NOW!
Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!
You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply.
If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.
If you know others who might be interested in joining us, use the email to a friend link above the thread.
Many tanks for joining us!
Doc
Try the Professional Edition risk free for thirty days. Click here for more information.
NEW! Unbundled subscription service packages starting from as low as $39! Subscribe NOW!
NVE Corporation (NVEC) engages in the development and sale of devices using spintronics, a nanotechnology, which utilizes electron spin rather than electron charge to acquire, store, and transmit information.
Conference call @ 11. Might be able to sell the spin!
DYODD
Conference call @ 11. Might be able to sell the spin!
DYODD
Who is fading this gap up?
Nat gas above 7, it was below 4 last month, up .22 today. Crude is up .04.
QUOTE(linrom @ Oct 19 2006, 08:14 AM)
Nat gas above 7, it was below 4 last month, up .22 today. Crude is up .04.
Did OPEC announce?
Oil just popped .60 in 5 minutes.
OPEC agrees to 1 million bpd cut: Venezuela
QUOTE
DOHA : OPEC has agreed an oil output cut of one million barrels a day but has yet to decide whether it will be based on official quotas or actual production, Venezuelan Energy Minister Rafael Ramirez has said.
QUOTE(I_Am_Madness @ Oct 19 2006, 08:25 AM)
QUOTE(linrom @ Oct 19 2006, 08:14 AM)
Nat gas above 7, it was below 4 last month, up .22 today. Crude is up .04.
Did OPEC announce?
Oil just popped .60 in 5 minutes.
Saudi Arabian OPEC dude supports cuts from actual production effective 11/1
will also be cutting more in dec
QUOTE(Dr Bob Poodit @ Oct 19 2006, 08:39 AM)
QUOTE(I_Am_Madness @ Oct 19 2006, 08:25 AM)
QUOTE(linrom @ Oct 19 2006, 08:14 AM)
Nat gas above 7, it was below 4 last month, up .22 today. Crude is up .04.
Did OPEC announce?
Oil just popped .60 in 5 minutes.
Saudi Arabian OPEC dude supports cuts from actual production effective 11/1
will also be cutting more in dec
Very nice....
My SU and OIH look'n pretty.
QUOTE(I_Am_Madness @ Oct 19 2006, 08:25 AM)
QUOTE(linrom @ Oct 19 2006, 08:14 AM)
Nat gas above 7, it was below 4 last month, up .22 today. Crude is up .04.
Did OPEC announce?
Oil just popped .60 in 5 minutes.
Meeting should end at 3PM, but we'll get some news updates through out the day. So far, energy opened up to the upside but, not convincingly. Keeping an eye on APC, it was downgraded by GS on 10/10/06 on valuation basis. The P/E is like 7.
heda fake or blake-out?
BKX well below breakout level of 114
BKX well below breakout level of 114
SU just took out yesterday's highs. Very nice.
what yall think about the trading action. they trying to trap the bears? or is this the treu top we have been looking for?
DJ Fed Accepts $8.75 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $8.75 Bln
Total submitted: $44.2 Bln
Agency Collateral Operation
Total accepted: $1.335 Bln
Total submitted: $7.6 Bln
Stop-Out Rate: 5.25%
Weighted Average: 5.25%
High-rate submitted: 5.26%
Low-rate submitted: 5.22%
Treasury Collateral Operation
Total accepted: $7.415 Bln
Total submitted: $31 Bln
Stop-Out Rate: 5.24%
Weighted Average: 5.24%
High-rate submitted: 5.26%
Low-rate submitted: 5.21%
Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $5.6 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.26%
Low-rate submitted: 5.25%
Type of transaction: Overnight RPs
Total accepted: $8.75 Bln
Total submitted: $44.2 Bln
Agency Collateral Operation
Total accepted: $1.335 Bln
Total submitted: $7.6 Bln
Stop-Out Rate: 5.25%
Weighted Average: 5.25%
High-rate submitted: 5.26%
Low-rate submitted: 5.22%
Treasury Collateral Operation
Total accepted: $7.415 Bln
Total submitted: $31 Bln
Stop-Out Rate: 5.24%
Weighted Average: 5.24%
High-rate submitted: 5.26%
Low-rate submitted: 5.21%
Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $5.6 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.26%
Low-rate submitted: 5.25%
$ 1 billion net add from the Fed no biggie. still leaves the 5 day net -3.75.
Details, charts, and analysis coming up in the WSE Pro Fed report after the 13-26 week bill announcement at 11:00. (*subscription required. Click the link below for info.)
Details, charts, and analysis coming up in the WSE Pro Fed report after the 13-26 week bill announcement at 11:00. (*subscription required. Click the link below for info.)
QUOTE(I_Am_Madness @ Oct 19 2006, 08:50 AM)
SU just took out yesterday's highs. Very nice.
Lost some bucks on this one trying to out dodge Tony Dorsett. But, there "could" be gold in those Tar hills.
Sold half of SU at 74.9. Riding the other half.
Looks like CRAMER nails it again with his 125 OIH puts at .50. I guess he was selling HARD!
QUOTE(BusKow @ Oct 19 2006, 09:07 AM)
NVE Corporation (NVEC) engages in the development and sale of devices using spintronics, a nanotechnology, which utilizes electron spin rather than electron charge to acquire, store, and transmit information.
Conference call @ 11. Might be able to sell the spin!
DYODD
Conference call @ 11. Might be able to sell the spin!
DYODD
Great idea. But lousy execution. They're very, very late and competing technologies
for high-speed non-volatile memory are in development. I read up on the technology
and it's a great concept but they should have had real, usable products by now by
a schedule I saw a long time ago.
*DJ Bank Of America To Permanently Cut Securities Hldgs >BAC
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
SHORT IBM here at 90.80. Stop at yesterday's high.
BTU has gone vertical $2.4 on volume.
TRIN 1.61....rising. 
JNPR up 5% on 75% volume
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Made this post last night in M2M.
Look'n good...78 by tommorrow?
Look'n good...78 by tommorrow?
Who's got the fat lady? This party is almost over...i hope...
eyeing the oex puts...like everybody else.
eyeing the oex puts...like everybody else.
Added to IBM short at 90.71.
Looking VERY tired.
Looking VERY tired.
QUOTE(Tzu @ Oct 19 2006, 09:17 AM)
JNPR up 5% on 75% volume
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Woodside, the Australian energy company released earnings last night. One interesting thing they said is that due to low prices, they shut down some of their gas operations! They can’t be the only ones!
Several trades this morning: long AAPL (I shorted it yesterday AH and covered), DIA, SPY, QQQQ. Booked profits on DIA, QQQQ, AAPL. Small loss on SPY (pushed my luck). Nice morning and have tennis at lunch so will probably just bag it until the afternoon. Bias definitely is up though IMO.
I like the risk and reward....
QUOTE(potatohead @ Oct 19 2006, 10:08 AM)
*DJ Bank Of America To Permanently Cut Securities Hldgs >BAC
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
I guess they're not doing too well trading, so they'll do more high risk lending instead.
SOX is still showing relative weakness, I doubt the NDX can get very far without a turnaround in that index.
QUOTE(DrStool @ Oct 19 2006, 10:34 AM)
QUOTE(potatohead @ Oct 19 2006, 10:08 AM)
*DJ Bank Of America To Permanently Cut Securities Hldgs >BAC
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
*DJ Bank Of Amer Sees At Least $100B Sec Cuts In Coming Yrs
Doc do you know what they mean by this?
I guess they're not doing too well trading, so they'll do more high risk lending instead.
From DJ Newswires--
"This reduction reflects a strategic shift in our balance sheet strategy to hold lower securities," de Molina [BAC CFO] said during a conference call with analysts to discuss third-quarter earnings.
De Molina didn't specify what type of securities the bank plans to sell. He said the pace and timing of the planned securities sales will hinge on the direction of interest rates and the economy.
De Molina said that selling the securities will "provide additional capacity for loans."
QUOTE(linrom @ Oct 19 2006, 09:26 AM)
QUOTE(Tzu @ Oct 19 2006, 09:17 AM)
JNPR up 5% on 75% volume
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Nat gas inventories out in 20 minutes
PLLL up 16.5%
EPEX up 13%
Official QQQQ McQueen.
Blastoff time.
Woodside, the Australian energy company released earnings last night. One interesting thing they said is that due to low prices, they shut down some of their gas operations! They can’t be the only ones!
Looks like speculators in PLLL and EP got their heads handed to them. Hoping for a sell off in APC.
Berkshire Hathaway banging against $100K/share. Looks like it has a shot
to take that out. You think there are any shorts in that one?
to take that out. You think there are any shorts in that one?
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.