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mick

01/22/06 6:42 PM

#269 RE: mick #268

S&P futures vs fair value: -4.6. Nasdaq futures vs fair value: -7.5. : The cash market remains poised to start the session below the unchanged mark. Futures trade reflects a negative bias that has been catalyzed by reports from Citigroup (C), General Electric (GE), and Motorola (MOT) that were good but not great relative to the market's heightened expectations. Additionally, crude continues its climb higher -- now up 0.9% to $67.40 per barrel.