Pick The Dow

[bazanster2]

Down on Tuesday,

baz

[Bostongambler]

UP on Wednesday.....

[bazanster2]

Down on Wednesday

baz

[Bostongambler]

Up on Thursday...

[bazanster2]

Up on Thursday,

[Bostongambler]

UP on Friday...

[bazanster2]

Up on Friday,

baz

[Bostongambler]

Start off UP on Monday...

[bazanster2]

Up on Monday

Dow Jones MACD, MACD Histogram, and Stochastic all have started to
reverse upwards. Note fast line (red) on the MACD.

================================================== ============
Key events in the week ahead
================================================== ============

* Economists polled by Briefing.com expect December wholesale inventories,
due out Monday, to register a 0.3 percent gain versus a gain of 0.5 percent in November.


* Wednesday, Fed chairman Greenspan gives his semi-annual testimony on monetary policy
to the House. He'll repeat it to the Senate on Thursday.

* December business inventories, slated for Thursday, are expected to add 0.3 percent,
the same rise as the prior month.

* Economists expect January retail sales to come in flat after growing 0.5 percent in
December. Excluding autos, they expect a gain of 0.5 percent.

* The December trade balance, due Friday, is expected to show a deficit of $40 billion
compared to November's $38 billion shortfall.

* The University of Michigan's first read on its consumer sentiment index for February,
due Friday, is expect to come in at 103.3, down slightly from January's 103.8.

================================================== ============

have a great week,

baz

[Bostongambler]

UP on Tuesday... Have a great week as well Baz....

[bazanster2]

Up on Tuesday

baz

[Bostongambler]

Sticking with tradition... UP on Hump day...

[bazanster2]

Up on Wednesday,

baz

[bazanster2]

BG,

Let's see if we can get the upper hand on the Dow this week.
Looking at the Dow's Chart at www.clearstation.com
Dow's Chart
Please notice how often up day's occur while above it's 13 day moving average
as compared to when it's below it's 13 day moving average?
Something to think about in the days ahead.

Greenspan testifies before Congress.
As subtle as he may be, he's not one to pull any punches.
Other than indicating a shift towards higher interest rates, don't think
he's going to say that much that he hasn't already said.
Believe one key will rest on net foreign Treasury investment numbers.
Looking for the Dow to run, the fast(Red)MACD line rising above the slow (Blue) MACD line should
signal a run commencing.

Sticking with the trend and of course tradition.[img]i/expressions/face-icon-small-happy.gif[/img]

Up on Tuesday


----------------------------------------------------------------------------------

Greenspan will deliver his semi-annual monetary policy report before the House Financial Services
Committee Wednesday and the Senate Banking Committee Thursday. The speech tomorrow
begins around 11 a.m. ET.

Reports are due on Thursday and Friday on retail sales, consumer sentiment and business
inventories, and that could stir some action in the market.
----------------------------------------------------------------------------------

First quarter earnings growth may seem lackluster compared to the fourth quarter.
I think rather it will be the second-quarter earnings that impress."

-Ram Kolluri, Cheif Investment Officer at GlobalValue Investors


Fourth-quarter earnings are forecast to have grown around 28 percent year-over-year.
By comparison, First Call currently forecasts earnings growth of around 14 percent
in the first quarter.

----------------------------------------------------------------------------------

The greenback has fallen nearly 14 percent against the currencies of the United States
major trading partners over the past two years

"OPEC doesn't suffer from money illusion," said Northern Trust chief U.S. economist
Paul Kasriel. "It decided they want an honest dollar for an honest barrel of oil."

----------------------------------------------------------------------------------


baz

[Bostongambler]

The ride continues Baz... Up on Thurs...

[bazanster2]

Down on Thursday.

baz

[Bostongambler]

I have to stick with UP.... For no other reason than it is an easier word to type than down...lol

[bazanster2]

Up on Friday,

Hey BG, your right. Up is easier to type.

baz

------------------------------------------

Arnold Ziffel for President...oink,oink!

[Bostongambler]

Hey Baz., I hope your weekend was good. UP on Monday...