My screen was so pretty and green earlier.....I just knew it wasn't going to last.......The Bond Market was selling fast and furiously this morning, It had to trickle into the equity markets.....I kept thinking OK when is it coming....Sure enough It took till 2:00pm.....Plenty of time for the floor traders to walk around and lightly reduce positions without causing a stir in the markets.....You gotta love the Block Sell orders going across all day today...It's time to take the money and run!!! S&P goes to 1275 by Friday close.....My best bet....But I could be dead wrong.....I just feel we are stretched here a bit..... Did anyone consider that the whole rally we had last week could of been dollars coming from the middle eastern markets that were in chaos last week......Those markets had some huge players in it (Oil barons) and many world wide speculators that know when to take profits.....Back to the old safe haven GOOD OLD AMERICA and the DOW 30..... That could of been some serious outside CASH pushing us higher and now after the speech our pros took profits on this OUTSIDE DAY.....(A Key short term reversal indicator)......We are going lower with all our leading sectors
Excel Sheet ready>>>> Well I was worth 8 figures for one day!!!.....It felt like the 1st day my wife and I had no more kids or pets in the house.....We spent 29 years getting them all out of the house....The day finally came when the last one left the nest for college....It lasted 2 days before the middle son moved home from New Mexico....This was almost as unexpected as the dog he brought along!!!! ALL in ALL those were the most peaceful 2 Days--- looking back!!! $COSTAverageMAN
If you like momentum with volitility, then you may want to trade Tim Hortons when it comes out at the end of this week. It has already been hyped up. But, if your not the last one in, then it may be profitable.
Mid Day Update Active Day So Far SOLD LEA@19.20(1/2) CHAP@57.11 (1/2) CHA@36.03 (ALL) PVH@39.72 (ALL) 10 NYX April Puts @ 6.80 EDAP@16.30 (ALL) IIIN@49.70 (1/2) HA@5.35 (1/2) CNTF@13.72 (1/2) Bought CNTY@9.59 (Casino) MGM@40.72 (Casino) FDG@36.99 (Coal trust) CDE@5.66 (Minerals) PDLI@30.80 (Bio Tech) KSU@23.55 (Rail) ARA@46.80 (Brazil Paper) SIMO@12.05 (Semi ASIA) NYX@80.40 (Exchange) FCFS@18.12 (Early morning Sell off Financial) NVAX@7.40 (Early Morning Sell off PHARMA IFN@47.63 (India Fund) NOIZ@21.25 (Telco Manufacture) EEFT@37.83 (Financial Services ATM)
Started Buying LIV@.53 Samaritan's Adult Stem Cell Drug Displays Money-Making Signs Tuesday, March 21, 2006 10:29 AM - BusinessWire LAS VEGAS, Mar 21, 2006 (BUSINESS WIRE) -- Samaritan Pharmaceuticals Inc. (LIV), a developer of innovative drugs, announced today its Alzheimer's adult stem cell drug SP-sc04, which induces dormant brain neuronal stem cells to differentiate rapidly into adult neuron cells, is progressing through preclinical studies with promising results. According to a CEO Magazine March 2006 article titled "Have Stem Cells Arrived?" Fran Hawthorne stated, "signs point to an emerging, money-making industry" and William R. Brody, president of Johns Hopkins University, is quoted, "I don't think I have ever seen anything that has the broad potential that stem cell technology has." "We are extremely pleased with the progress and the potential of SP-04. Although it is early stage, each preclinical study we accomplish gives us hope that we might have an extraordinary treatment for the mind robbing disease of Alzheimer's," stated Dr. Greeson, CEO of Samaritan.
BOUGHT NEXT@15.68 (IPO Today) CWTD.OTC @1.26 China World Trade Corporation. The Group's principal activity is to provide trade agency business, linking Companies in China and the rest of the world. It has four operating arms, namely the Beijing World Trade Center Club (BWTCC), Guangzhou World Trade Center Club (GWTCC), Infotech Enterprises Limited (Infotech), and General Business Network (GBN) Limited. BWTCC will be engaged in the establishment of a business club located in Beijing and GWTCC is engaged in the operation with the business club, the PRC. GWTCC provides food and beverages, recreation, business center services, communication and information services, products exhibitions services, commercial and trading brokerage services. Infotech will build a bilingual, English and Chinese, business-to-business portal for the Group and providing system integration related services to customers and members. GBN is an investment holding company, which primarily engages in property investments, advertising and promotional and trading business. $COSTAverageMAN