-------------------- "The Americans will always do the right thing... After they've exhausted all the alternatives." - Winston Churchill Posts: 428 | From: indiana | Registered: Apr 2005
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Alot of people are saying it is going to be ugly tomorrow for the Nasdaq because of the miss by IBM.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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I'll probably wait for monday....all 3 major indexes are at a 5 month low... though i might enter a position with JDSU tomorrow. if not tomorrow most likely monday at 1.57 per share... it appears that it is heading for a uptrend on rising volume and if it breaks through its resistance (it's 20 day MA) ... it will continue up.. have had this one on my watch list for couple of weeks now..
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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I'll be looking at Q calls tomorrow. maybe something with a june expiration.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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8:00AM: S&P futures vs fair value: -6.5. Nasdaq futures vs fair value: -14.5. Futures market versus fair value suggesting a lower open for the cash market as investors weigh a surprising Q1 disappointment from IBM and a mixed quarterly report from Citigroup (C) against better than expected Q1 earnings from GE... A flight to quality, however, has given Treasurys a modest boost early on, as the 10-yr note is up 5 ticks yielding 4.28%; but that could arguably change as the market also awaits a slew of key economic data... First up at 8:30 ET will be April NY Empire State Index (consensus 18.0)
Posts: 4337 | Registered: Dec 2003
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