BG,
That's a good point. Perhaps, but the verdict wasn't that great a surprise.
What's surprising is that a definate stop loss wasn't set with trading $250,000
worth of stock. Especially in light of Martha's Wall Street experience.
In terms of her overall wealth, it was a paltry sum.
Sadly, Inclone shares are now only 23% off the $62 mark.
Moral of the story, always use stop losses and don't lie to the Fed.[img]i/expressions/face-icon-small-sad.gif[/img]
================================================== === Going with Up on Monday US Futures and Markets Indicators
MACD still trending down with Slow above Fast (bearish).
Fact that Market finished up despite Employment report is bullish.
Looking for choppy trading this week.
good luck,
baz
--------------------------------------------------------------------------------------------------
from
www.cnn.com
Between the morning of March 12 and last Thursday's close, the Nasdaq has risen by
64 percent, the Dow industrials by 43 percent and the S&P 500 by 46 percent.
But very little of that has come in 2004.
In the last 24 election cycles, in the year of the election, the Dow gained 16 times.
The Dow rose in 20 pre-election years of the last 24 election cycles,
since Theodore Roosevelt took office in 1905, according to the Almanac.
---------------------------------------------------------------------------------- Key events in the week ahead
* On Wednesday, the Commerce Department releases its January read on wholesale
inventories. Inventories are forecast to have grown 0.4 percent after growing 0.5
percent in December, according to Briefing.com figures.
* Thursday, the Commerce Department releases its retail sales figures for February.
Economists surveyed by Briefing.com expect sales to have risen 0.5 percent after
falling 0.3 percent last month. Excluding autos, retail sales are expected to have
risen 0.5 percent after rising 0.9 percent last month.
* Late Thursday, business software maker Oracle will release its quarterly results.
The company is expected to have earned 12 cents per share, according to First Call
estimates, up from 11 cents per share a year ago.
* According to Briefing.com estimates, business inventories are forecast to have risen
0.3 percent in January, as they did in December, when the Commerce Department releases
its figures on Friday.
* Also on Friday, the University of Michigan releases its preliminary read on consumer
sentiment for March. Sentiment is thought to have risen to 95.2 in March from 94.4 in
February, according to Briefing.com estimates.