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I have a good feeling today.LOL
agree lets what and find out
Very true. Pinkyland is on another planet though. But have to watch all positions close today.
GL
depends on the markets
morning all. BZTG solid. ECFL, possible squeeze here. INRA, Long and going to the bigs.
GLTU
watch out TODAY
Dow, Nasdaq Head Toward Lower Opening
By Tim Paradis, AP Business Writer
Dow, Nasdaq Head Toward Lower Opening As Markets Around the World Suffer Further Selloffs
NEW YORK (AP) -- Wall Street appeared headed for a lower opening Monday as stock markets around the world suffered further selloffs.
The overseas pullback, in which Japan's Nikkei stock average saw its biggest one-day drop since June as the yen hit a three-month high against the dollar, resembled the selling that triggered the recent unease in world markets last Tuesday.
Investors could find some relief from comments attributed to U.S. Treasury Secretary Henry Paulson by Japan's finance minister, Koji Omi. Neither Omi nor Paulson, who began a three-nation Asian tour in Tokyo on Monday, were concerned by the fluctuations in regional stock markets, Omi told reporters in Tokyo. Both men contend the market mechanism was functioning well, Omi said.
Nonetheless, the weekend respite appeared to do little to ease concerns about losses over soured loans by subprime lenders. New Century Financial was set to open sharply lower after reporting it is facing a probe into its accounting and stock trading. Also, HSBC Holdings PLC, Europe's largest bank, on Monday said its 2006 profits rose 5 percent but that it booked $10.6 billion on losses on bad loans from its U.S. subprime mortgage operations.
A rising yen stoked further concern about an erosion in the yen carry trade, which refers to the process of borrowing yen to acquire assets with greater yields in other currencies. A slowdown could hurt liquidity worldwide. On Monday, the U.S. dollar fell to about 115 yen from above 120 yen less than a week ago.
Dow Jones industrials futures fell 90 points, or 0.82 percent; Nasdaq 100 futures slipped 12.2 points, or 0.70 percent, and Standard & Poor's 500 index futures fell 9.80 points, or 0.81 percent.
After sharp declines last week, the major indexes are now lower for the year, with the Dow down 3.3 percent, the Standard & Poor's 500 index down 4.4 percent and the Nasdaq composite index lower by 5.9 percent.
Drops in Asia and Europe appeared to leave U.S. investors unnerved. The Nikkei fell for the fifth day to close down 3.3 percent, Hong Kong's Hang Seng index fell 4 percent and the Shanghai Composite Index, which has proven volatile in recent weeks, fell 1.6 percent. In Europe, the major indexes were down by more than 1 percent.
Wall Street begins the week with little economic data that could perhaps ease concerns among U.S. investors about the stamina of the U.S. economy. One noteworthy report due, however, is from the Institute for Supply Management, which is scheduled to report its index on the services sector. The market is expecting the reading on the largest slice of the economy to come in at 57.5, down slightly from 59.0 in January.
Also Monday, St. Louis Fed President William Poole is expected to speak on inflation and economic growth in Santiago, Chile.
In Washington, Fed Gov. Kevin Warsh is expected to speak on liquidity at the Institute of International Bankers conference and Fed Governor Randall Kroszner plans to speak on the role that community banks play in the financial system at the America's Community Bankers' Government Affairs Conference.
In corporate news, Research in Motion Ltd. was poised to open lower after the company said its chairman and co-CEO is stepping aside as chairman as the company, which makes the BlackBerry, plans to restate results, reducing earnings by up to $250 million dating to fiscal 2004 because of incorrect dates over stock option grants.
Alltel Corp. was in focus after The Wall Street Journal, citing sources familiar with matter, reported the wireless carrier had begun pressing harder to sell itself.
watch out TODAY
Dow, Nasdaq Head Toward Lower Opening
By Tim Paradis, AP Business Writer
Dow, Nasdaq Head Toward Lower Opening As Markets Around the World Suffer Further Selloffs
NEW YORK (AP) -- Wall Street appeared headed for a lower opening Monday as stock markets around the world suffered further selloffs.
The overseas pullback, in which Japan's Nikkei stock average saw its biggest one-day drop since June as the yen hit a three-month high against the dollar, resembled the selling that triggered the recent unease in world markets last Tuesday.
Investors could find some relief from comments attributed to U.S. Treasury Secretary Henry Paulson by Japan's finance minister, Koji Omi. Neither Omi nor Paulson, who began a three-nation Asian tour in Tokyo on Monday, were concerned by the fluctuations in regional stock markets, Omi told reporters in Tokyo. Both men contend the market mechanism was functioning well, Omi said.
Nonetheless, the weekend respite appeared to do little to ease concerns about losses over soured loans by subprime lenders. New Century Financial was set to open sharply lower after reporting it is facing a probe into its accounting and stock trading. Also, HSBC Holdings PLC, Europe's largest bank, on Monday said its 2006 profits rose 5 percent but that it booked $10.6 billion on losses on bad loans from its U.S. subprime mortgage operations.
A rising yen stoked further concern about an erosion in the yen carry trade, which refers to the process of borrowing yen to acquire assets with greater yields in other currencies. A slowdown could hurt liquidity worldwide. On Monday, the U.S. dollar fell to about 115 yen from above 120 yen less than a week ago.
Dow Jones industrials futures fell 90 points, or 0.82 percent; Nasdaq 100 futures slipped 12.2 points, or 0.70 percent, and Standard & Poor's 500 index futures fell 9.80 points, or 0.81 percent.
After sharp declines last week, the major indexes are now lower for the year, with the Dow down 3.3 percent, the Standard & Poor's 500 index down 4.4 percent and the Nasdaq composite index lower by 5.9 percent.
Drops in Asia and Europe appeared to leave U.S. investors unnerved. The Nikkei fell for the fifth day to close down 3.3 percent, Hong Kong's Hang Seng index fell 4 percent and the Shanghai Composite Index, which has proven volatile in recent weeks, fell 1.6 percent. In Europe, the major indexes were down by more than 1 percent.
Wall Street begins the week with little economic data that could perhaps ease concerns among U.S. investors about the stamina of the U.S. economy. One noteworthy report due, however, is from the Institute for Supply Management, which is scheduled to report its index on the services sector. The market is expecting the reading on the largest slice of the economy to come in at 57.5, down slightly from 59.0 in January.
Also Monday, St. Louis Fed President William Poole is expected to speak on inflation and economic growth in Santiago, Chile.
In Washington, Fed Gov. Kevin Warsh is expected to speak on liquidity at the Institute of International Bankers conference and Fed Governor Randall Kroszner plans to speak on the role that community banks play in the financial system at the America's Community Bankers' Government Affairs Conference.
In corporate news, Research in Motion Ltd. was poised to open lower after the company said its chairman and co-CEO is stepping aside as chairman as the company, which makes the BlackBerry, plans to restate results, reducing earnings by up to $250 million dating to fiscal 2004 because of incorrect dates over stock option grants.
Alltel Corp. was in focus after The Wall Street Journal, citing sources familiar with matter, reported the wireless carrier had begun pressing harder to sell itself.
thanx keep it coming
USXP Universal Express Inc (OTC BB) is
READY! Take a look at the Double Doji formed on
Thursday and Friday indicating a change of trend
forthcoming for USXP. After the market mis-
interpreted the SEC Report, the selling has stopped.
On Friday, smart buyers began to load up end of day
and put the Volume close to 150 Million shares
traded. With the break point on all the
indicators being NOW, look for a High
Volume Pivot and Reversal on Monday. USXP
could become the Play of the Day on Monday and the
Play of the Week as well. Watch closely and look for
entry on USXP. This is going to be a BIG
MARCH 2007.
Thanks to Stock Net Pros
I knoe nwau.pk will become naug and the SB-2 will be handed in by April 2nd. There are about 7 to 8 million shares that are reserved for nwau shareholders and naug.ob will remain with about 10 million o/s only. There is no wonder the float is non existant at this time.
As far as uranium goes... GLXI is all you need.
http://www.faithfreedom.org/oped/humabbombclass.gif
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