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Japan deflation, 7th year -CPI
UPDATE 2-Japan CPI down 7th year, deflation seen stubborn
Mon Apr 25, 2005 10:23 PM ET
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh07651_2005-04-26_02-23-35_t34...
sure xe2dy no prob & Fed
Isn't it odd how textbooks are going to be rewritten after
all the dust clears. There went "3 steps and a tumble"
regarding Fed hikes. Held up so far.
Could be due to how far we went down -- near deflation
which is also one for the books.
Not even Terror War has jacked economy like 'Nam did.
Oh well doesn't pay to get too academic right now, just
adds to sense of confusion when need clear trading head.
I guess just with the absence of trader depth like in
90s there is some need to find macro direction to help
with trade conditions. g/l
Bit Market history & Upcoming
[excerpt from Taipan Tidings newsletter today]
A Bull in Winter: There is an old Wall Street adage that says, “Sell in May and go away.”
According to Barron’s, which in turn credits ADVFN, a London-based financial data provider, if you had gone long in the winter months and avoided the market from May to September from 1984 to 2004, you could have netted 51% more than buy-and-holders.
Taken from another angle, over the past 22 years the UK stock market has risen 20 times from November to April and fallen just twice. Compare that with the May to October period, when it rose just ten times and fell twelve.
The “Sell in May” theory also works for the Dow Jones Industrial Average. From 1984 to 2004, winter stock holders would have beat the year-round guys by 26%.
Buy-and-hold only works half the time.
Add to this the fact that the average length of a boom or stagnation has historically been 16 to 20 years. The last bull market was the longest in history, lasting 18 years and ending in January of 2000.
But from 1905 to 1921 buy-and-hold investors lost money. From 1929 to 1950 they lost money again. From 1966 - 1982, they lost money. Fifty-two years of bear markets all together.
As you can see, unless you are in a bull market, the buy-and-hold philosophy is nonsense. For the past six years Warren Buffet’s Berkshire Hathaway has gained less than 2% a year.
But that doesn’t mean you can’t make money. You can, quite a bit. Even in a bear market. Let’s look at the two biggest bear markets this century, 1929 through 1950 on the Dow and 1990 to the present on the Nikkei. The Dow staged a huge 300% rally from 1932 to 1937.
The perma-bears will always point to the 1929-1932 era as their poster boy for bad markets. But their charts always seem to end before this 300% five-year rally. Still, the bear market wasn’t over. It took until after World War II for the Dow to make a new high.
Look at the case of Japan. Two and a half years after the crash, the Nikkei staged a 33% one-year rally. Then in 1995 there was a 53% rally. And in 1999 the market jumped again, handing over another 45% rally.
***Pick your bottoms: Now think of the NASDAQ. Three years into the bear market, in 2003, the NASDAQ staged a 73% rally. And again last year, starting in August, the NASDAQ showed a 25% rally.
My point is that you can make money in bear markets, lots of it, even in the summer - though you have to pick your bottoms.
You might consider finding a bull market in the winter. That’s just what we have going on in Australia - the days are growing shorter in the southern hemisphere, and the general market is up 83% this year.
[And next up....]
Consumer spending and income data, durable goods orders, and house sales will all contribute to the market’s mood, with the highlight on Thursday when the Commence Department releases its initial figure on first-quarter US GDP growth.
According to a MarketWatch poll, that figure could roll in around 3.6%, just a tad lower than the 3.8% pace posted for the fourth quarter. Not too shabby, considering inflationary pressures, an inconsistent job market, ballooning oil prices and the upward march of interest rates.
However, consumer spending could see a sharp decline from the annualized fourth-quarter rate of 4.2% to 3.1% this time around. Meanwhile, business investment growth has dropped from 15% to 8%.
Pay Raises Trail Growth in Economy
By David Wessel
From The Wall Street Journal Online
The recession in the U.S. has been over for more than three years. The economy has been growing at better than a 4% annual clip for the past two. Profits, at least until recently, have been up. Growth in worker productivity has remained strong. Unemployment has fallen to 5.2%, the lowest since September 2001.
Yet wages for the typical worker aren't even keeping up with inflation. Wages are growing unusually slowly for this point in the economic cycle, especially given persistently strong growth in productivity, the goods and services produced for each hour of work.
The U.S. Labor Department says that hourly wages for private-sector workers who aren't bosses rose 2.6% to nearly $16 an hour between March 2004 and March 2005, which is short of the 3.1% increase in consumer prices over that period. Weekly paychecks are up a bit more, but only because workers are putting in more hours. The department's broader Employment Cost Index, which covers more workers, says wages and salaries rose just 2.4% last year, well shy of last year's 3.3% increase in prices.
Employers don't give raises because they feel generous. They give raises because they can afford to -- that is where productivity comes in -- and because they have to do so to attract or keep workers. Profits and productivity, up 4% last year, suggest employers have the money, but don't feel pressure to give raises.
To those who argue that wages aren't rising because "today's businessmen are greedy...or Wal-Mart is cunning," Bradford DeLong, an economist -- and prolific blogger -- at the University of California at Berkeley replies that's nonsense. Something else is going on. "The link between wages and productivity depends on the fact that businessmen are greedy and cunning," he says. "You don't raise wages out of altruism; instead you expand your work force out of greed, and the expanding work force pushes wages up."
Not everyone's wages are sinking. Demand for workers with the most skills and education remains strong, and their wages are climbing because they are still in short supply. Demand also appears strong for low-paid workers -- those who bathe the sick or wait on tables and whose jobs can't go offshore or be automated -- but there are so many willing low-skill workers that their wages don't rise. Globalization and technology, meanwhile, seem to be eroding demand and wages for many workers in the middle. But despite the headlines, that has been happening for some time, even during the glorious 1990s, so it is hard to believe that explains the whole recent mystery of wages.
Health-care costs are one piece of the puzzle. Workers are getting more of their pay in health benefits instead of cash. The cost of employee benefits rose 6.9% last year, according to the Employment Cost Index; the combined cost of wages and benefits rose 3.7% before adjusting for inflation. But rising health costs can't explain the whole conundrum: 40% of American workers don't get health insurance on the job.
Looking at wages, inflation, health costs and productivity, Harvard University economist Lawrence Katz estimates that wages have been growing about two percentage points shy of the increase in productivity during the past four years.
That suggests the American labor market is weaker than the falling unemployment rate makes it appear. Other numbers confirm that. Employers still aren't hiring readily. More than one in five unemployed Americans has been out of work for six months or more. Lots of workers remain on the sidelines: About a third of all adults are neither working nor looking for work, more than usual. "Apparently, the demand for workers has been strong enough to allow many of those actively looking for jobs to find them but not strong enough to pull people back into the labor force who may have dropped out -- perhaps for early retirement or additional schooling," U.S. Federal Reserve governor Donald Kohn suggested in a recent speech.
The question then, as Mr. Katz frames it, is: "Why are firms so reluctant to hire given the strong growth in productivity and, until very recently, the surge in profits?" He suspects that employers are so uneasy about so many things -- energy prices, interest rates, the effect of the budget deficit, the dollar -- that they remain unusually hesitant to add workers permanently, though there has been an upturn in hiring of temps. Some business executives add that regulatory, auditor and press scrutiny after recent scandals continues to discourage business.
Whatever the cause, the effect is to damp demand for workers and, thus, the need for employers to raise wages for most workers. The risk to workers now is that the Federal Reserve, anxious about indications that inflation is returning, will raise interest rates to slow the economy before the labor market gets strong enough to push wages up to match rising productivity.
better Link & Merrill cuts Economy
hmm Sorry about that link David. It worked on another
board. Try this one, should do it. Worth the effort.
It is by Mark Hulbert (use CBSMW search). Called Fast money Apr 20 in case link is no go. I did put below string into IE and worked ok. Please try both methods below.
http://www.marketwatch.com/news/story.asp?dist=nwhpf¶m=archive&siteid=mktw&guid=%7B3....
or in 2 Parts since above seems to get broken in two!?
http://www.marketwatch.com/news/story.asp?dist=nwhpf¶m=archive&siteid=mktw&guid=
%7B327A0DB2%2D24A4%2D4CA6%2DB8EC%2D212F8B2DE813%7D&garden=&minisite=
----
Now this am comes new info from Merrill to factor in!
8:48am 04/25/05
Merrill cuts U.S. GDP growth forecast By Tomi Kilgore
NEW YORK (MarketWatch) -- Merrill Lynch lowered its U.S. economic growth forecast to 3.4% from 3.7% in 2005 and to 3.2% from 3.3% in 2006 due to a higher-than-anticipated energy price environment and a sharper-than-expected slowdown in economies abroad. The brokerage firm believes inflation concerns are overdone due to below-potential growth during a time of continued excess capacity.
thx for Charts & OC info IZone?
EVO, your penny break upside charts are terrific! Dead on.
I too will miss Freetrade comm rate, damn it all. Begin
May 2 (cross fingers) FT goes to the AMTD IZone structure.
$5 beans a trade unlimited size. Same overall idea as
FT just a jacked up rate. IZ is expected to work with
Quotetracker. The QT board is abuzz with those looking for
another FT deal. All I've seen is brownco (high $) and
maybe MB Trading for cheap but odd pricing.
I don't know. Guess AMTD figures with the decline in
trading vols why bother with a cheap price. Where they
gonna go anyway? Maybe find a $3 broker for 100 shares
a trade and move off the 1M share trades at .001 in favor
of some high swingers like GOAM TZOO ? g/l
read 4/24 Weekly - comment
Nice charts and Income-Spending are good signs to key on.
Thing is that there must now be a couple kinds of economics
today. When I had some college eco classes, yes printing
paper was considered a path to inflation. But macro events
can over ride that; witness Vietnam War guns & butter
piled up inflation irregardless of cost. Granted it wasn't
like the classic Weimar German inflation but it did run
up prices until price controls and W.I.N era.
Today supply/demand market factors might be over riding
the printing presses as oil is showing. And who'd have
thought you could run a major war on terror in mideast
while facing talking of deflation (thank you China goods).
From a Trader's more narrow perspective, the Transport
Index is correctly worth watching. Its component stocks
are weak, Further VIX is way jiggy. As for ARMS, I don't
see a bloody wash out yet. Need that fear sweat smell.
New Highs are tiny; new Lows are rising. So internals
have been clocked. Question is how down is down?
One thing to run a Biz Sucks Sale but unless someone
comes forward.....
It's natural to get itchy butt when things that should be
working, aren't. Must then have a sea change in thinking.
Could be what's going on. Rem there was a second bottom
even after Great Depression before that ran course on into
WW2. Certainly expected US economy to have been on fire
by now given the low cost, highly liquid Fed fuel.
But then Crash2 burned out so many investors that another
Gen may be needed for fresh coin. And now with the consolidation of Exchanges at hand, and more in wings,
trading is becoming less of a valid option. Here in Man'h
I heat no one talking stocks in parties or public. TV
heads babble on to themselves & their call-ins. But that's
like the old CB radio faithful. The broad range is gone.
Anyway I'll keep up on your posting and see if I sniff out
anything really fresh. Awful stale odor at present.
thanks for divy question
Several of us wanted to know about the old NHGP-divvy of people who bought after 9-28-04 but before 10-15-04 -
Glad ya got that on there. I too have some of that time
frame. Email the ? but no answer. Emails came back as
undeliverable. Glad you got some response. Lacking any
time or interest in any more of these tiny plays. Just
holding some BLYC, HPON, ICAN, ADVC, SMTR. At least they
tick a bit during day. Hopefully we won't have to wait for
this one to do some kind of CDVJ = BTXI luck out! Never
know with these things. Sadly tho this is closed to being
a THTHF kind waster. g/l
nice logo, CBSMW Money Supply article
Hi David. Neat logo design. Bit of eye candy and yes does
have that otherworldly quality. Stimulative.
Here's something that I came across last week that might
be considered regarding your comments on Money Supply
impact and stock market action.
Back in 80s there was a lot of discussion about M1-M2
and commod-stocks. In 90s the concern shifted to New
Tech and its effects on Economy. Now there seems to be a
bit of a limbo regarding finding directional tools. Some
try retail sales, job growth, deficit spending. Hard to
tell what's going on. I suspect a 70s style of stagflation with only tiny shifts here & there.
Anyway check this out. Tho writer is using a longer timeframe than you were in your piece:
That means that the stock market over the past 46 years has performed the best following months in which the 12-month change in the money supply was the lowest.
So to the extent that the newsletter editors are right to pay attention to the money supply, the conclusions they are drawing are precisely opposite to those justified by the data.
Leaving the newsletter editors aside for the moment, how much importance should you place on these few correlations that did emerge from my data mining efforts? Probably not a lot. I tested for so many different possible correlations that one would expect from randomness alone a few false positives.
But if you are inclined to draw investment implications from the correlations I found, they would appear to be bullish. M3 over the past year has grown about 4.9 percent, which is lower than 81 percent of all comparable rates of change since 1959.
http://www.marketwatch.com/news/story.as...mp;cbsReferrer=
Oh crap, oh well...eom
CMSI illiquid 0.08 0 Vol.
Trades irregular. Can run tho.
HaHa & camel humor, maybe stock hold .0002 first
Nearly wet myself. As funny as this smelly one:
DOHA (Reuters) - Qatar plans to start using robots as riders in popular camel races after international criticism of the use of child jockeys, the Gulf Arab state's official QNA news agency reported on Wednesday. It said the robot, developed by an unnamed Swiss company, had been tested successfully and that the energy-rich country was considering setting up a factory to build them.
Sheikh Abdullah bin Saud al-Thani, the official in charge of the project, referred to United Nations concern over child jockeys and said Qatar was determined to save camel racing, which is popular among Arabs of Bedouin origin.
Nearby United Arab Emirates has also announced plans to introduce remote-controlled robots, which can be light enough to use as jockeys in the lucrative sport.
Rights groups say several thousand boys, some as young as four, work as camel jockeys in the oil-rich Gulf, many after being abducted or sold by their families mainly from the Indian subcontinent.
They say the boys are kept in prison-like conditions and underfed to keep them light so the camels run faster.
Copyright Reuters 2005. All rights reserved.
Maybe some other time CT. eom
That's same domain seller I get.
Smell possible USCI.pk shell in the works.
After awhile SEC gets on these things or they
just become shells as dead money. Maybe 0.0001
forever like USCI until SEC removed from trading today.
PRRM smelling like an ITDJ deadville.
In current environment inverstors shoot first.
Questions can wait.
Getting an email thru??
For more information, visit the company's websites www.stowetv10.com, and www.highanglemedia.com and www.stockli.com
Seems prior emailaddresses are dead to Ian guy. Tried to get to
stowetv10.com and just get a Domain name site.
Are these people still in biz?
The highanglemedia looks no go and stockli.com is some kinda
ski looking thing.
Don't need this grief right now of returned undeliverable
emails. Thanks guys.
Sent this & got it bounded back twice from INFO@....
Hi Ian. Saw this message supposedly from Dan to an investor posted at iHub.
I got a Div on 300K bought 8/13/04
of 30K. But had also bought 170000 on Oct 7/04 -- no divy on those.
Maybe those 170K would be included if extension as announced is included or whatever planned.
Could some one please keep me updated on this; maybe pass on to Dan too?
Thanks guys. Doing good job.
1) The confusion surrounding the NHGP dividend has concerned many, and this was only compounded by a typo for which I assume responsibility. Due to accounting, shareholders on record as of September 30, 2004 will receive their shares on November 15th, 2004. We were led to believe that the record date could be extended to October 15, and declared it as such only to be informed that “extenuating circumstances” involving the company’s quarterly audits would not allow the extension after all. This does not make us happy, and we are now working on and will announce dividend details for those who purchased shares of PRRM between September 30 and October 15 as soon as possible. Our working date for this distribution is Feb. 15, but this has not been finalized.
SMTR Unlimited A/S Vote Meet 12/10
$0.032 could be <0.02 State of Inc: BRITISH COLUMBIA 1987
7. To consider and, if thought fit, to approve the formal stock incentive plan providing for the granting to eligible employees, directors, officers and consultants of the Company or any Related Entity;
8. To consider, and if thought fit, to approve the following special resolution amending the restated articles of incorporation of the Company to change the authorized number of Common Shares of the Company from 300M Common Shares without par value to an unlimited number of Common Shares without par value.
ADDITIONAL COMMENTARY:
"Based on existing market conditions at the time, we had anticipated a significant increase in revenues during this past fiscal year," said Robert Rudman, President and CEO of SmarTire. "However due to the continued delay of the TREAD Act that mandates the use of tire pressure monitoring systems on passenger cars, major orders did not materialize. As a result, our revenues are slightly less than last year. Also in 2004, we invested considerable time and effort establishing product acceptance and distribution channels for our tire pressure monitoring systems in other markets such as motorcycles, recreational vehicles, buses and commercial vehicles. With the Tread Act now in place, as fully described in our September 20, 2004 news release and our complete product line ready to ship, we anticipate 2005 will be a break-out year for SmarTire."
AAMI 0.22 pop on 10 am ammo Order
Press Release for American Ammunition Inc Calif
Department of Homeland Security Purchases Additional 1,000,000 Round Order of Reduced Hazard Ammunition
11/22/2004 9:54:00 AM
MIAMI, Nov 22, 2004 (BUSINESS WIRE) -- American Ammunition, Inc. ( AAMI ) announced today that it received an order from the Department of Homeland Security, Federal Law Enforcement Training Center for 1,000,000 rounds of 40 S&W reduced hazard frangible ammunition. This is the third order during calendar year 2004 and represents the second contract year of AAMI with the Department of Homeland Security.
"We are pleased that AAMI continues to receive government contract orders. Government contract sales coupled with our domestic marketing enables us to build a consistent reliable flow of business which we believe will continue," said Andres Fernandez, President and CEO of American Ammunition, Inc.
About American Ammunition, Inc. - AAMI is an autonomous manufacturer of ammunition, with the technology and equipment to take advantage of the growing market. It has an excellent reputation within the industry. The ammunition industry has experienced a 28% average increase in revenues annually between 1991 through 1998, and the trend is expected to continue through the year 2005 and beyond.
What up w/ GOAM today?! $6-$9
Been running lately anyway.
GSPG Earns 11/11 hit today .17
2 fall rose after .21 to .19 to .17- on rise vol. Supposed to
report unaudited earns Thurs. Been weak lately after earlier
strength. Copper mine play. -17% so far
Why is AAMI so beaten...New Order
American Ammunition Receives 2,000,000 Round Order for Specialty 5.56mm Blanks
via COMTEX
November 10, 2004
MIAMI, Nov 10, 2004 (BUSINESS WIRE) --
American Ammunition, Inc. (OTCBB:AAMI) announced today that it received an order to produce 2,000,000 rounds of specialty blanks in 5.56mm. This Order will be shipped within the first quarter of 2005. A 50% deposit has been received with this Order.
"We are very pleased with the opportunity of diversifying in this direction," said Andres Fernandez, President and CEO of American Ammunition, Inc.
About American Ammunition, Inc. - AAMI is an autonomous manufacturer of ammunition, with the technology and equipment to take advantage of the growing market. It has an excellent reputation within the industry. The ammunition industry has experienced a 28% average increase in revenues annually between 1991 through 1998, and the trend is expected to continue through the year 2005 and beyond. For further product information, please call 1-305-835-7400 or visit the website at: http://www.a-merc.com For Investor Relations information, please call: 1-305-446-4800 or e-mail: CISintr@netscape.net.
News for 'CMKX' - (DJ Canadian Regulators Extend CMKM Insiders Stk Sales Ban)
By Carol S. Remond
Of Dow Jones Newswires
NEW YORK (Dow Jones)--Canadian securities regulators in the province of Saskatchewan have extended a temporary order enjoining insiders of CMKM Diamonds Inc. (CMKX) from selling the company stock to residents.
The Saskatchewan Financial Services Commission said Tuesday that it extended its original temporary Order barring insiders of CMKM from selling unregistered stock "until the Commission is provided with satisfactory information."
According to the commission's original order, which was scheduled to expire Nov. 9, Urban Casavant, David Desormeau and Melvin O'Neil traded shares of CMKM Diamonds and its predecessor Casavant Mining Kimberlite International, "when they were not registered pursuant to section 27 of the Act."
That order also stated that Casavant, Desormeau and O'Neil have, "with the intention of effecting trades in the securities of (Casavant Mining and CMKM) made statements which they know or ought reasonably to know are misrepresentations."
Casavant is CMKM president and a very large shareholder, O'Neil is the company's spokesman and Desormeau is, or was at one time, CMKM's chief financial officer.
CMKM Diamonds has been the subject of four "In The Money" Dow Jones Newswires columns that highlighted its huge daily trading volume and the lack of information surrounding the company and its mineral claims. According to the corporation department of the state of Nevada, there are currently 800 billion shares of CMKM authorized.
Billions of CMKM shares trade daily but because it trades on the unregulated Pink Sheets, the company doesn't have to provide any financial information to its shareholders. Although CMKM has declined to say just how many shares are outstanding, a recent dividend payment related to U.S. Canadian Minerals Inc. (USCA)'s acquisition of 5% of CMKM Diamonds' mineral claims indicated that some 780 billion shares had been issued.
-By Carol S. Remond; Dow Jones Newswires; 201 938 2074; carol.remond@dowjones.com
(END) Dow Jones Newswires
November 09, 2004 21:15 ET (02:15 GMT)- - 09 15 PM EST 11-09-04
LJPC sudden pop from teens to low-mdi 30s
Got in after the drug trial mess...seemed oversold. Fell bit more but now maybe somebody 'knows' something. CC coming up soon, maybe Mon.
hmm VRA weak today <1 after PS run $1 to near $2 while back.
mobile phone use & benign tumor
Thu Oct 14, 1:38 AM ET Health - Reuters
STOCKHOLM (Reuters) - Ten or more years of mobile phone use increases the risk of developing acoustic neuroma, a benign tumor on the auditory nerve, according to a study released on Wednesday by Sweden's Karolinska Institute.
The risk was confined to the side of the head where the phone was usually held and there were no indications of increased risk for those who have used their mobile for less than 10 years, the Karolinska Institute said in a statement.
The institute, one of Europe's largest medical universities and a clinical and biomedical research center, awards the Nobel Prize in physiology or medicine.
"At the time when the study was conducted only analog mobile phones had been in use for more than 10 years and therefore we cannot determine if there results are confined to use of analog phones or if the results would be similar also after long-term use of digital (GSM) phones," it said.
The mobile phone market is now dominated by GSM phones, which replaced the bulkier and less advanced analog phones in many markets the mid- and late-1990s.
The mobile phone industry has said there is no scientific evidence of negative health effects from use of mobile phones.
The Karolinska Institute said 150 people with acoustic neuroma and 600 healthy people participated in the study.
"The risk of acoustic neuroma was almost doubled for persons who started to use their mobile at least 10 years prior to diagnosis," the institute said.
"When the side of the head on which the phone was usually held was taken into consideration, we found that the risk of acoustic neuroma was almost four times higher on the same side as the phone was held and virtually normal on the other side."
Finland's Nokia (news - web sites) is the world's biggest mobile phone maker.
Other large producers include Motorola of the United States, South Korea (news - web sites)'s Samsung Electronics, Germany's Siemens and Swedish-Japanese joint venture Sony Ericsson (news - web sites).
Global mobile phone sales have been booming as thousands of new users sign up every day and existing subscribers replace their old handsets with new ones, capable of taking pictures or playing music.
so true pb - PTSN and all
They are all doing the AFRN drop. But seems the size of R/S has some bearing on depth of drop. Seeing the 1:1000 go to
$0.0001 whereas some of the lesser R/S like 1:10 or 1:5 do not
have the long hard drop.
Course helps if not a true pos like recent 0.0001 ones are.
CESY is showing Vol pop today after several days of holding
its own @0.0015 Things like that have promise rather than
trying for a move to 0.0002 for 100% that never happens.
Still watching ITDJ VNTB WFTV HPON and even AAMI
TCOM and BIZ may yet live.
One msg letter likes SVSE at 0.70 for nat gas play.
g/l kiddie.
UDCCF = PUCIF R/S 1:40 10/12
USCI getting tagged on Vol.
HedgeStreet launched this week, offering what it calls "hedgelets," which are akin to binary options but with a much lower price point: just $10 apiece, thereby carrying a much lower risk factor than other derivatives. Visit the site.
The wagers themselves also carry potentially broad appeal, including bets on average housing prices and federal economic data announcements.
Such wagers have previously been the domain of privately negotiated contracts called "exotics."
The exchange is also offering hedgelets based on conventional derivatives, such as interest-rate and commodity bets.
"Approximately 20 million Americans have online equity brokerage accounts but only a fraction of these actually trade derivatives. We believe that a fair portion of the remaining number are likely to participate over time, provided the methodology for doing so is easy to understand and it is financially and technically within their grasp," said Russell Andersson, co-founder and vice president of instrument generation, in a recent interview with FOW magazine.
HedgeStreet officials said the exchange's grand opening will take place Oct. 19.
http://www.hedgestreet.com/hedgelet/trade/portal/desktop
OCGT so-so
Nice OS/float. Low $cap and last insider buys back in '02
OS is near the 50M AS
New Roach NY had some Vol in April after drop but pretty dead
since. Bit accum underway today.
Needs PR or News?
g/l
CORR not yet Radar tho
News taken not so hot but tech chart suggests long base slide
in need of upturn before run.
VNTB shows promise on News, low price & pop.
LSTE hit by death bomb.
UDCCF = PUCIF no R/S
not in it but seeing 9/28 Symbol & name chg
might do a little AWBI pop but can be thin trader plus
gotta wait 3 days sometimes til can trade this kind
hate to curse it but AAMI .20 News
Got Canada approval today. PR adds "long awaited".
Been basing 0.20 +/- Ran months back on less news.
leading ammo maker if have any quams
CLN Phase I liver cancer .70 +.07
FDA Clears Celsion to Initiate Clinical Trials for the Use of ThermoDox with RFA in the Treatment of Liver Cancer
8/31/2004 12:30:00 PM
COLUMBIA, Md., Aug 31, 2004 (BUSINESS WIRE) -- CELSION CORPORATION (CLN) today announced that the Food and Drug Administration (FDA) will allow the human clinical trial for its investigational therapy for the treatment of liver cancer to proceed. The Phase I study will investigate the use of Celsion's proprietary product, ThermoDox(TM), in combination with Radiofrequency Ablation (RFA). ThermoDox, Celsion's temperature-sensitive liposomal encapsulation of doxorubicin, a common cancer drug, allows focused, concentrated delivery of the drug to the tumor target.
The trial will be conducted at the National Institutes of Health (NIH) Clinical Center in Bethesda, Maryland and will be funded under a Collaborative Research and Development Agreement between Celsion and NIH. Under the agreement, Celsion will supply ThermoDox and provide regulatory and clinical support and NIH will enroll and treat the patients.
The trial is designed to determine the maximum safely tolerated dose and pharmacokinetic profile of ThermoDox when used in combination with RFA in the treatment of liver cancer. The study approach will utilize RFA (80 degrees celsius or above) to ablate (destroy) the center of the tumor and the lower temperature zone (greater than 40 degrees celsius) in the tumor margins to activate and release the doxorubicin to kill any remaining viable cancer cells. Celsion hopes to commence the study before the end of the year.
The clinical plans for liver cancer rely, in part, on the preclinical results of the work conducted in large animals by the FDA in conjunction with NIH. These results were presented by Dr. Bradford J. Wood, Senior Clinical Investigator, Diagnostic Radiology Department, Imaging Sciences Program, NIH Clinical Center; Surgery Branch, National Cancer Institute, at the National Institutes of Health at the 89th Annual Radiological Society of North America (RSNA) in December 2003. These results demonstrated that ThermoDox, used in this manner, deposited fifteen times more drug at the tumor site than conventional, intravenous delivery of doxorubicin.
Dr. Augustine Cheung, Celsion's President and Chief Executive Officer said, "Initiating this study is a major step in the evolution of Celsion from a medical device company to a company focused on targeted drug delivery using combination therapies. We believe that the mechanism of action of RFA in conjunction with ThermoDox, using heat-sensitive nanoparticles to target ThermoDox, could result in high deposits of the encapsulated drug, doxorubicin, in the tumor, thus ablating the tumor as well as viable cancer cells in the tumor margin. This may lead to a significant reduction of local tumor recurrence, which is currently the major limitation in using RFA alone to treat liver cancer."
Tony Deasey, Celsion's Chief Operating Officer, added, "Clearance to initiate this study enables us to attempt to address a significant unmet medical need by treating liver cancer. This trial increases our cancer treatment portfolio, building upon our ongoing Phase I trial using ThermoDox to treat prostate cancer in conjunction with Celsion's proprietary microwave heating technology (Prolieve(TM)) and further establishes Celsion as a leader in the area of heat-activated drug therapy for the treatment of cancer."
National Institutes of Health Disclaimer: Purchase of this equipment should not be viewed as an endorsement or implied endorsement by the National Institutes of Health, its Institutes or Centers or Clinical Center, of Celsion Corporation, its products or services
About Celsion: Celsion Corporation, based in Columbia, Maryland, is a biotechnology company dedicated to the development and commercialization of treatment systems for cancer and other diseases using focused-heat energy, either administered alone, or in combination with other therapeutic devices, heat-activated genes or heat-activated drugs.
Celsion has research, license or commercialization agreements with leading institutions such as the National Institutes of Health, Duke University Medical Center, Massachusetts Institute of Technology, Harbor UCLA Medical Center, Montefiore Medical Center and Memorial Sloan-Kettering Cancer Center in New York City, Roswell Park Cancer Institute in Buffalo, New York and Duke University. For more information on Celsion, visit our website: www.celsion.com.
Statue of Liberty reopens Tues am
One for our team.
And crud now I gotta an assignment for Monday due to all
this Wall St & east side stuff. Getting to be a pain.
Might even screw things up until past Labor Day.
You guys keep up the good work. At least it is fairly dullsville so not missing much. Will just hold what got thru Aug.
Might try some little thing that is going with a Sector gain but when nailed down with other stuff can't track Market Man too
well. That's when I've gone bad in the past. Trading out of the corner of your eye when subject to random interrupts is not recommended.
g/l all
Are these the new Nazis?
Not being a man of much conviction - Bonfire of the Vanities, Wall Street or Boiler Room - my playbooks, this new attack is way too out there.
Now the Northeast USA. lol Game over these clowns figure.
Fools. Now they've gone and done it. Pull the US together is
way stupid, idiots.
CBS/AP) A series of coordinated explosions rocked five churches across Baghdad and the northern city of Mosul on Sunday, killing at least ten people and injuring more than 40 others in the first attacks targeting the country's Christian minority in a violent 15-month insurgency.
Two explosions just minutes apart shook separate Baghdad churches in a largely Christian neighborhood during Sunday evening services, followed shortly by two more explosions at churches in other areas of the capital. A car bomb and grenade attack hit a church in Mosul at roughly the same time, Iraqi officials said.
Many of the country's Christians had become increasingly concerned about the rising Islamic fundamentalism here and some had fled to neighboring country's to wait until the security and political situation became more calm.
"What are the Muslims doing? Does this mean that they want us out?" asked Brother Louis, a deacon at the Our Lady of Salvation, as he cried outside the Assyrian Catholic church. "Those people who commit these awful criminal acts have nothing to do with God. They will go to hell."
Dead, tried Quotetracker for formula?
Have you tried plugging formula in Medved's QT? While it is mainly a day trader's program (free ad supported gets 2 day's data) the paid users can get 10 days of data to run formulas.
They just added a whole forum for Paintbars. Those are extra programable methods used to color crossovers or have up down arrows pop up to highlight various happenings.
Can use free data feeds, paid ones or your Broker's.
Quite the program even if don't need all the bells & whistles.
ADPR on list & sec-def ones
Yanks, of course. No B.O. for them, hehe.
ADPR looks very good on technicals. Shows some up strength.
Only 2 issues might have with it, for a swing, are thin vol and
the gap tween AS and OS. Lately ones with room to paper the walls haven't done so well. Day trades are fair game.
Always the exception or a news break. News has been solid and promising. Thus buyers might think - well with lots paper room to float shares - less chance of vulture financing mistakes, RS, or other chit to shore up bottom line.
Might need some vol spikes to wake up the Crowd. Otherwise just slow accumul til b.o.
Authorized Shares: 500,000,000
Source: 10QSB ( 05/14/2004 )
Outstanding Shares: 86,346,419
Source: 10QSB ( 05/07/2004 )
Below is link to many security-def plays. Non subs.
http://www.homelanddefensestocks.com/Companies/HomelandDefense/Stock_List.asp
Got job, fear?
U.S. markets look ahead to job report
By Christopher Noble , CBS MarketWatch.com
Last Update: 4:29 AM ET Jul 31, 2004
SAN FRANCISCO (CBS.MW) -- U.S. stocks are likely to trade skittishly next week, buffeted by high oil prices and concerns over the July employment report.
Uncertainties over the tight U.S. presidential race, possible terror attacks and the pace of interest rate increases will also make it hard for the stock market to make a determined break from the range it has held over the last few months.
"You'd have to be pretty enthused to think it's going to break out," said Alfred Kugel, senior investment strategist at Stein Roe Investment Counsel.
Investors will be wading through a steady flow of economic indicators all week but Friday's payroll report will offer the first significant look at third-quarter conditions.
Analysts surveyed by CBS MarketWatch expect, on average, that the U.S. economy will have added 230,000 jobs in July, after a gain of 112,000 in June. The unemployment rate is expected to remain flat at 5.6 percent.
"If the payrolls number comes in toward the mid 200s, we could see stock prices move back up to the middle of the range we've had this year instead of sitting here at the bottom." Kugel said.
The number will help shape the performance of financial markets and the speed at which the Federal Reserve raises interest rates, with its next meeting scheduled Aug. 10. Job creation could even influence the race for the White House, analysts said.
"The whole market will be very sensitive to a number below consensus because it will call into question whether the Fed should tighten at the August meeting," said Tom McManus, chief equity strategist at Banc of America Securities.
lots August data to pounder, HUI flat
BlackBox Newsletter
A New Month
by MarketWise University
With July coming to a close and the major indices all near fairly recognizable levels (S&P 500 and 1100, Dow and 10100, Nasdaq and 1900 and QQQ’s and 35.00), traders have to make adjustments for August. For one, a new month means new support and resistance calculations for our Pivot Matrix (levels from Support 2 (S2) and Resistance 2 (R2)); moreover, remember what economic events always take place during the first week of the new month? For one, the ISM Index generally falls on the first trading day of the month (August 2) and estimates are for 62 versus 61, month prior. Following the ISM will be ISM Services and then the Non-farm payroll report, with estimates of an increase in jobs of 225k versus 112k, July reading. Few notes: The ISM report is at its lowest level since October but well above the “expansionary/contraction” inflection reading of 50. As far as the non-farm report, remember to look at revisions of the month prior and the 5.6% unemployment rate – lowest level in four of last five months. The employment picture has improved over the last six months; however, bears certainly could use a number under 200k and lower revision to conti! nue the recent move lower.
Speaking of the move lower, we missed our short in the QQQ’s by one-cent (“IF 35.11 trades, sell 35.08” – day high was 35.10) and now we have to take a step back and see if it makes sense to sell there again. Not likely. Looking ahead to Monday, let’s once again recap sentiment – this time starting with a daily chart of the QQQ’s. This ETF closed under its declining 20 DMA but the 50 DMA remains flat. Bears in control, but risk is a little high for shorting with large positions. Taking things to a 60-minute c! hart, it looks to be neutral to slightly bullish; however, the moving averages we look at are not in a bullish alignment. A 5-minute chart does look bullish, however. Ok, now time for some levels.
With the QQQ’s closing at 34.89, we are in-between some important pivotal confluences. One is above from 35.33 to 35.43 and this is a solid shorting level (in fact, IF 35.43 trades, short at 35.39 with a stop at 35.55 and objective of 34.56). To the downside, the key level is basically 34.50; however, not exactly sure what the market will do if it gets there. A move below could suggest a move to 34.03, but there is a better chance the QQQ’s simply find a bid and 34.50 remains support by day’s end.
Looking at some of the other macro factors, bond yields (moving opposite of price) pulled back into the 4.47% level and the 10 and 20 DMA within the 10 year sector; however, the 50 DMA is declining and the recent cross of the 10 above the 20 DMA may not hold. Since May, we have seen lower highs and lower lows; however, in July we have seen higher lows and higher highs. With that said, look for yields to rise above 4.6% if tested again and also look for lower yields if 4.3% comes into play. The upside projection is 4.8% and the downside is 4.12%. Odds are yields continue to fall, playing into the bigger picture and election seasonality.
What about the AMEX Gold Bugs Index, or HUI? Since going neutral in late-June as this index took out 184, it shouldn’t be too surprising we are back at these levels after failing to test the 163 low set in May. Look for 190 as the key inflection point and odds are this index rolls back lower and we don’t see the zone of 190 to 200 cleared anytime soon.
Few side notes: Don’t forget about the FOMC meeting on August 10th.
was 2001 a recession or not?
10:02 AM ET JULY 30, 2004
WASHINGTON (CBS.MW) -- Republicans and Democrats have been fighting for months about who is to blame for the recession of 2001. Now it looks as if there might not even have been a recession, at least according to one definition.
Revised gross domestic product data released by the Commerce Department on Friday at least muddies the waters about the economic downturn.
http://cbs.marketwatch.com/news/story.asp?siteid=mktw&dist=nwhwk&guid=%7B984B7148%2DB1B6%2D4...
Deadb440 Nice, we be lower priced usually
Generally we are goofing around with pennies and sub pennies.
billy or I sometimes throw up some high end stuff as static
just to muddy the waters!
I have some HSY from high school days but except for 100 short AMZN all the rest is <$5 or whatever ADSX is at that day.
Your charts and analysis are just fine but we prob can't comment beyond that you keep on doing them.
billy puts up good Index list of Daily Hodgepodge. You might slap a couple of your best indicators on Oil or such and pop on the analysis to it.
We be trying to have some fun, stay current, and maybe make a
few coins or st least lose as little as possible, lol
Thanks for stopping by. Feel free to contribute.
Come on, you girliepeople Buy Close
Pump it up.....