Pick The Dow

[bazanster2]

BG,

Thanks, had a good "All-Star" weekend.
Posting just before Opening Bell so can see how Industrial Production
and Capacity Utilization numbers are greeted. Futures very positive.

Going with Up on Monday

baz
[img]i/expressions/face-icon-small-smile.gif[/img]
--------------------------------------------------------------------------------------------------------------------

Key events in the week ahead
--------------------------------------------------------------------------------------------------------------------

* A number of retailers report through the week. Chief among them is Wal-Mart, on Thursday.

* Tuesday the New York Fed releases its Empire State Index. Economists surveyed by Briefing.com expect it to slip
to 36.4 for February from January's 39.2. Any number over zero represents growth in New York's manufacturing economy.

* January industrial production, due out Tuesday, is expected to rise 0.7 percent after gaining 0.1 percent in
December. Capacity utilization is expected to rise to 76.2 percent from 75.8 percent.

* January housing starts, due out Wednesday, are expected to come in at an annualized 2 million, down from December's
2.088 million. Building permits are expected to come in at an annualized 1.91 million, down from December's 1.953
million.

* The producer price index, slated for Thursday, is expected to show that wholesale prices gained 0.3 percent in January,
equal to December's rise. The core, which excludes food an energy, is expected to climb 0.1 percent.


* The Philadelphia Fed's February index of manufacturing in its region is expected to slip to 35 from January's 38.8.
Any number over zero represents growth.

* The consumer price index is expected to show prices for consumer goods rose by 0.3 percent in January,
up from 0.2 percent in December. The core, which excludes food and energy, is expected to rise 0.1 percent.

[Bostongambler]

Hey Baz... Sticking with UP on Hump day... GL

[bazanster2]

Up on Wednesday,

baz

[Bostongambler]

Need I say it... UP on Thursday...

[bazanster2]

Not really BG,

Your ever the optimist and since last March, it's been a quite profitable
state of mind to be in. If Allied Materials(AMAT) +32% jump in Quaterly results
are to be believed, then more happy days are ahead.

But one day at a time?

PPI, Core PPI and the Initial Claims numbers all due before Opening should set the mood.

Going with US Future & Markets Indicators 5 minutes to the bell,
Up with Postive Indicators, Down with Negative Indicators

http://money.cnn.com/markets/morning_call/



Leading Indicators could alter that mood at 10am as well as the
Philadelphia Fed release at 12pm.

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

Good news for DoubleClick(DCLK) Internet advertising revenues had their
best Quarter since 1996. The two big growth drivers in Internet advertising
are search (keywords) and rich media. Jupiter Research predicts that the total
online advertising market will grow from $7.6 billion in 2004 to $14.8 billion in 2008.
DoubleClick is the #1 Internet Advertiser. The key is that internet advertising is
in it's infancy. Computers and TV's are already merging.
DCLK should go higher. Has appreciated 30% since being place on Watchlist.

good luck today,

baz
[img]i/expressions/face-icon-small-smile.gif[/img]

[Bostongambler]

Well late day selling brought it down.... Hmmmmmmmm, Down on Friday...

[bazanster2]

BG,

We's was wrobbed yesterday! Now a bad CPI #, Down on Friday

baz
[img]i/expressions/face-icon-small-confused.gif[/img]

[Bostongambler]

UP on Monday...

[bazanster2]

Down on Monday

US Futures and Markets Indicators

No strong feeling as to direction today, but expect Market to trend Down this week,
so will probably go with down each day this week unless there's significant reason
to be bullish.

MACD, MACD Histogram and Stochastic trending downward
indicating futher correction down to around 10,422
The Dow's 50 Day's Moving Average has offered good support
since March 2003.


"Historically, the last week of February does tend to spark a decline,
but nothing severe. And by the onset of March, stocks tend to move higher again."

-John Bollinger, the head of Bollinger Capital management

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

Key events in the week ahead

* Tuesday the Conference Board releases the February reading on its consumer price index.
Economists polled by Briefing.com expect it to fall to 93 against January's 96.8.

* Economists expect January existing home sales, due out Wednesday, fell to an annual pace
of 6.45 million versus December's 6.47 million.

* January durable goods orders, due out Thursday, are expected to show a rise of 1.4 percent
compared with a December gain of 0.3 percent.

* Economists expect that January new home sales, due Thursday, came in at an annual pace of
1.095 million versus December's 1.06 million.

* The government's second take on fourth quarter gross domestic product comes out Friday.
Economists expect annualized growth will be revised down from the initial take of 4 percent
due to 3.8 percent, due to a wider-than-expected trade gap.

* The University of Michigan releases its final reading on its February consumer sentiment index Friday.
The initial reading was 93.1.

* Economists expect the February Chicago Purchasing Managers' index, due Friday, to slip to 63.5 from
January's 65.9. Any number over 50 represents manufacturing growth in the heavily industrial Chicago area.
---------------------------------------------------------------------------------------------------------------

good luck today,

baz
[img]i/expressions/face-icon-small-smile.gif[/img]

[Bostongambler]

OK so it was a slightly down day... UP on Tues...

[bazanster2]

Tough call here with Consumer Confidence to be released after the Opening at 10 a.m.
May very well set tone for the day. Nasdaq sell off may send some $ to Dow seeking saftey.
Nikkei off 2%.

Going with Down on Tuesday

good luck,

baz
[img]i/expressions/face-icon-small-smile.gif[/img]

[Bostongambler]

Nice work as usual Baz.... UP on Hump day for me...

[bazanster2]

Thanks BG,

Up today.


baz

[Bostongambler]

We needed one more poster for the Hat trick Baz... lol

[bazanster2]

BG,

I hear that. A Hat trick would be nice.
Think that the Market will have to pull a rabbit out of a hat today if it's going to be up. [img]i/expressions/face-icon-small-smile.gif[/img]
Down on Thursday[img]i/expressions/face-icon-small-disgusted.gif[/img]

baz

"if you seek tranquility, delight in goodness...wa,wa,wa"

[Bostongambler]

I missed the call Baz... Real late posting...

[Bostongambler]

Down on Friday...

[bazanster2]

It's happens BG,

Going with Up on Friday

Have a Great weekend,

baz
[img]i/expressions/face-icon-small-smile.gif[/img]

[Bostongambler]

UP on Monday Baz...