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I Like Bottom Fishing

02/22/09 9:32 PM

#18111 RE: dart1961 #18083

The Weekly Report For February 23rd - February 27th, 2009

Sunday, February 22, 2009 5:59 PM

From:
"ChartAdvisor.com" <support@chartadvisor.com>

http://www.chartadvisor.com/

Chart Advisor= Weekly Market Review

The Weekly Report For February 23rd - February 27th, 2009

February 22, 2009- Market Summary
Details of the multi-billion dollar bailout package failed to impress investors as many are still trying to determine if this is the catalyst that will help reverse the strong downtrend. Concerns about potential nationalization of key financial institutions such as Bank of America (NYSE:BAC) and Citigroup (NYSE:C) added to the selling pressure. The chart of interest this week is of the Dow, which was beat below a key technical level of support. As you can see from the chart, the selling pressure sent the index below its November low, which will be used by proponents of Dow theory to suggest that this is the start of another leg lower. For further reading, see Dow Theory.

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I Like Bottom Fishing

02/25/09 4:59 AM

#18127 RE: dart1961 #18083

'ABK' News FirstAlert: 8-8:40 A.M. Investrend /

BestcallsWednesday, February 25, 2009 1:16 AM

This email is compliments of Scottrade.com

News for 'ABK' - (FirstAlert: 8-8:40 A.M. Investrend / Bestcalls)

Feb 25, 2009 (FinancialWire via COMTEX) -- February 25, 2009 (FinancialWire) --
Conference calls scheduled at 8 to 8:40 a.m. on Investrend Broadcast via partner
BestCalls include OpenTV Corp. (NASDAQ: OPTV), The J.M. Smucker Company (NYSE:
SJM), Waste Services Inc. (NASDAQ: WSII), Ambac Financial Group Inc. (NYSE:
ABK), Alliance Data Systems Corporat (NYSE: ADS), Pre-Paid Legal Services Inc.
(NYSE: PPD), Carter's Inc. (NYSE: CRI), Marvel Entertainment Inc. (NYSE: MVL).

Conference calls are often impacted by market trends, geopolitical conditions,
news coming from conferences and economic releases.

Uncertainty Remains Despite Rally (By Dr. Joe Duarte) -- The S&P 500 (SPX) held
above 740 on 2-23, and the market used that key support level to rally on the
next day. So far so good, if you were looking for the market to bottom, which we
were due to its severely oversold state, and the lack of a new low on the big
selloff on 2-23. That being said, you have to wonder if the bulls were able to
accomplish anything beyond getting the bears to cover their shorts. There is
still a feeling that many other shoes are left to drop. And despite mega levels
of pessimism, that washout feeling is just not in the air. This, of course,
leads to more uncertainty, since one can never be sure if any bottom is the
absolute bottom in any market. That leaves traders with little choice but to dip
their toes in the water every time the market seems to make a bottom of some
sort. And that means that at some point, some of those who take chances will be
rewarded. So what can you do? If you decide to trade, keep your positions small.
Decide on your loss limits before you buy. And be prepared to be wrong. After
you do all that, there is nothing to do but see what happens. More important, as
time passes, continue to put together your wish list of stocks that you'd like
to own. Review the list on a regular basis and see what the charts of those
companies you chose look like. If some of them look attractive, maybe a small
nibble is worthwhile. Beyond that, take no unnecessary risks and remain
conservative. This is a very nasty bear market until proven otherwise. Here's a
perfect example. Johnson & Johnson's (NYSE: JNJ) was thought to be a bulletproof
company. Yet, its break to a new three year low, on 2-23, is a signal that
things may actually get worse in the market. Health care stocks, especially well
diversified behemoths like JNJ are traditionally viewed as being recession
proof. And JNJ, because of its well diversified business base, which includes
the gamut of products from over the counter remedies to sophisticated surgical
equipment, has usually been a leading member of the unsinkable group of
companies. So what's happened? Well, for one thing the global economy is in the
tank, which means that sales are going to get hit, likely at all levels in the
company. But, more important, the Obama administration is about to shift its
emphasis, away from mortgages, onto health care, where the focus will be on
cutting costs, for drugs, doctor and hospital reimbursement for Medicare and
Medicaid, and for all kinds of services and equipment. That means that the
entire product line is in trouble. And that means that Wall Street has finally
hit the sell button on JNJ, and likely the rest of the sector. Yet, this is not
something that should surprise anyone. Certainly, we've seen lots of signs in
the last few weeks that something was on the way, as more drug companies are
cutting sales and detailing jobs, as well as cutting back on other services,
such as medication support programs that were once plentiful. The question for
investors, in this case, is not so much when will this be over, but how bad will
it get? And when it's finally over, what will be left of America's health care
industry. If JNJ's recent buckling is any sign of what's ahead, it isn't likely
to be very pretty at all.

The Investrend Earnings Calendar features Atlas Energy Resources (NYSE: ATN),
expected at $0.53; Berry Petroleum (NYSE: BRY), expected at $0.24; CA Water
Service (NYSE: CWT), expected at $0.39; Clean Harbors (NYSE: CLH), expected at
$0.68.

The Investrend Economics Calendar lists Existing Home Sales for January (10
a.m.), EIA Petroleum Status Report (10:30 a.m.), Treasury auctions 5-year notes
(1 p.m.).

The Investrend Events Calendar showcases ADS, CBZ, COCO, VCI at Robert W. Baird
& Co Business Solutions Conference; ALL, TRV, AFL at Merrill Lynch Insurance
Investor Conference; AMAT, TTXP at Cleantech Venture Network LLC San Francisco
Forum; ARP at Credit Suisse Group Global Services Conference; BMTI at American
Academy of Orthopedic Surgeons Conference; CAT, WCC at UBS Industrials
Conference; CAVM, ATHR, HLIT at WJB Capital Group Silicon Valley Bus Tour; CSCO,
CMl, EQIX, CTXS at Pacific Crest Securities Emerging Technology Summit; CSCO,
SAP, GOOG, YHOO at Goldman Sachs Technology and Internet Conference; CSIQ at
CanaccordAdams Sustainability Conference; INTC, JDSU, TER, FORM at Goldman Sachs
Symposium; MVL, MDCA, LGF, NFLX at Jefferies & Co. Internet & Media Conference;
N at Software & Information Industry Association SAAS/GOV Conference; TALV, NAK,
GBG, TGB at BMO Capital Markets Global Metals & Mining Conference; VOLC Analyst
Meeting.

The Investrend Money Index is an indicator of the depth of market direction or
indirection. While not always including the same stocks, the NYSE/NASDAQ 50 Most
Actives indicate the direction in which the mass of money is flowing. Last
session's trading showed 46 advancers versus four decliners. Advancers were led
by Financial Bull (NYSE: FAS) up 27.44%, Huntington Bancshares Incorpora
(NASDAQ: HBAN) up 21.55%, Citigroup Inc (NYSE: C) up 21.50%, Ultra Financials
Pro (NYSE: UYG) up 21.39%, Bk Of America Cp (NYSE: BAC) up 20.97%, Hartford Fin
Svc (NYSE: HIG) up 19.91%, Wells Fargo & Co New (NYSE: WFC) up 18.31%, Morgan
Stanley (NYSE: MS) up 17.27%, Fifth Third Bancorp (NASDAQ: FITB) up 16.94%, Ford
Motor Co (NYSE: F) up 15.61%, Marvell Technology Group, Ltd. (NASDAQ: MRVL) up
13.16%, Amer Express Inc (NYSE: AXP) up 12.10%, Us Bancorp (NYSE: USB) up
10.68%, Home Depot Inc (NYSE: HD) up 10.48%, The Charles Schwab Corporation
(NASDAQ: SCHW) up 9.83%, Comcast Corporation (NASDAQ: CMCSA) up 9.38%, Sprint
Nxtel Cp (NYSE: S) up 8.16%, Research In Motion Limited (NASDAQ: RIMM) up 8.02%,
Sun Microsystems, Inc. (NASDAQ: JAVA) up 7.86%, Companhia Vale Ads (NYSE: RIO)
up 7.75%, Jp Morgan Chase Co (NYSE: JPM) up 7.74%, Ultra S&P500 Proshrs (NYSE:
SSO) up 7.57%, Activision Blizzard, Inc (NASDAQ: ATVI) up 7.10%, Yahoo! Inc.
(NASDAQ: YHOO) up 6.52%, Proshares Ultra Qqq (NYSE: QLD) up 6.22%. Decliners
followed Pt Ultrshrt Sp500 Ps (NYSE: SDS) down 7.55%.

Vote in the Investrend Poll Question of the Day at Investrend Information
(http://www.investrendinformation.com).

Investrend Website of the Day: http://www.meadowlarklemon.org

Quote of the Day: "The measure of success is not whether you have a tough
problem to deal with, but whether it's the same problem you had last year." John
Foster Dulles

Today is: Ash Wednesday, Improve Yourself Day.

Happy Birthday: Pierre-Auguste Renoir, John Foster Dulles, Zeppo Marx, Jim
Backus, Bobby Riggs, Ralph Stanley, Larry Gelbart, Tommy Newsom, Faron Young,
Sally Jessy Raphael, Bob Schieffer, George Harrison, Ric Flair, Carrot Top, Tea
Leoni, Sean Astin.

Today in History: George Washington held the first Cabinet meeting as President
of the United States in 1793. Samuel Colt received an American patent for the
Colt revolver in 1836. The first practical electric motor in the US was patented
in 1837 by Thomas Davenport. Hiram Rhodes Revels, a Republican from Mississippi,
was sworn into the United States Senate in 1870, becoming the first African
American ever to sit in the U.S. Congress. J.P. Morgan incorporated the United
States Steel Corporation in 1901. Oregon placed a one-cent per U.S. gallon tax
on gasoline in 1919, becoming the first U.S. state to levy a gasoline tax.
Glacier Bay National Park and Preserve was established in Alaska in 1925.
Charles Jenkins Laboratories of Washington, DC became in 1928 the first holder
of a television license from the Federal Radio Commission.

[FirstAlert" was created by Gayle Essary, founder of Investrend Communications,
Inc., parent of Investrend Information (http://www.investrendinformation.com).
The opinions expressed in FirstAlert" do not necessarily reflect the opinions of
Investrend.]

FinancialWire" ( http://www.financialwire.net ), an independent, proprietary
news service of Investrend Communications, Inc., receives no compensation for
its news or opinions. Further disclosure is at
http://www.investrend.com/articles/secondlevel.asp?level=472 . To contact
FinancialWire" write to inquiries@financialwire.net .

Free annual reports for companies mentioned in the news are accessible via
http://investrend.ar.wilink.com/?level=279 .



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(C) 2009 FinancialWire(TM); Div., Investrend Communications, Inc. All rights reserved.

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Source: Comtex Wall Street News

Crazy Money

10/21/09 1:19 AM

#18326 RE: dart1961 #18083

lolzzz... so where are you dart? buy fear? no? wtf?