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| BG, Normally would expect a good chance for a bounce after 2 days of selling. Intail Claims before the bell. Speculating on a neutral to positive Intial Claims Report. Dow up intially, but fades. Particularly in the last half hour of trading. Traders unwilling to be explosed to possible over the weekend events. In this enviroment, it won't take much for traders to sell off. Going with DOWN on Friday. Nice rebound forXSNX, didn't see any new news to account for today's rebound. Looks like a bit of a short seller's squeeze. Volume unconvincing, stock not out of the woods. Would remain on sidelines and await more upward momentum. gl, baz |
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| BG, Lots of bad news starting out the week. Empire Report off considerably below expectations. Generally traders would take this as a reason for the FED not to raise rates but lately, traders veiw it as a signs of a slowing economy. This news seem to have little impact. Consider that a bad sign. Lots of earnings news, this should be bullish and provide some support. Have to go with DOWN on Monday. gk, baz |
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| BG, Ya know I changed my pick about 10 times, should have stayed with those intial instincts. Should'da, would' da, could'da.....[img]i/expressions/face-icon-small-confused.gif[/img] www.cnn.com/finance: http://money.cnn.com/2006/07/1...ets_newyork/index.htm "The markets continue to monitor the headlines out of the Middle East and even though we have lower commodity prices, a lack of buyers is keeping the market captive," said Peter Cardillo, chief market analyst at S.W. Bach & Co." Bernanke before Congress on Thursday. June economic reports on consumer and producer prices are due Tuesday. Market definately under pressure here, nearing the previous June Low just below 10,725. Falls too far below that level would probably mean more downside. Tough call here, going with DOWN on Tuesday because I think traders will have more incentive to sell than reasons to buy. gl, baz -------------------------------------------------- Best Performing Stocks In The DJ US Aerospace & Defense Index The Last Week: Symbol..Company Name.........Percent Change DHBT....Dhb Inds Inc.................71.11% ASIT....Asi Technology Corp..........33.33% DFNS....Defense Inds Intl Inc........31.03% RADI....Rada Electr Inds Ltd.........29.49% HSYN....Homeland Sec Network Inc.....23.08% FLIR....FLIR Systems Inc.............19.02% ARTXD...Arotech Corp.................18.90% SITG....Security Intelligence Tech....8.70% GACF....Global Aircraft Solutions.....8.00% IOTN....Ionatron Inc..................6.43% ************************************************** **** Doctor Edward Bach - "Health and happiness result from being in harmony with our own nature and doing the work for which we are individually suited". |
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