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OI Technical Staff : 3/13/2006 9:59:59 PM

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Jeff Bailey : 3/13/2006 6:56:25 PM

Shoot ... the AMD action gets to me. We noted "the theme" last week (see 03/09/06 12:22:02 AM) Link in the semiconductors.

Jeff Bailey : 3/13/2006 6:28:40 PM

Stock Pivot Matrix for tomorrow at this Link ... Note: The IEF trades almost identical to that of the $TNX.X in the Index Pivot Matrix

Current Fed Funds Target is 4.50% (45.00) with 25 bp looking to be "factored in" to 4.75%.

Jeff Bailey : 3/13/2006 6:08:41 PM

Current OPEN MM Profiles found at this Link

Today's Activity ... Swing trade naked call close out on the GOOG Mar $410 Calls (GOP-CB) at $0.10 ($+1.90, or +95.00%)

Swing trade shorted 1/2 position in Baidu.com (BIDU) at the bid of $49.71. Stop for now at $54.75, targeting $43.50.

Swing traded long a full position in the ishare Lehman 7-10yr Bond Fund (AMEX:IEF) at $86.71. Stop at $81.20, targeting $83.00. Note: This trade may be "more appropriate" for an IRA with covered call capability. An active stock trader may not want to tie up funds in such a trade.

Jeff Bailey : 3/13/2006 5:36:03 PM

NYMEX has not updated official settlements on energy futures at this point.

I'm pretty sure April Crude (cl06j) settled up 3.02% at $61.77.

Jeff Bailey : 3/13/2006 5:25:20 PM

Closing Internals found at this Link

Jeff Bailey : 3/13/2006 5:12:20 PM

Closing U.S. Market Watch found at this Link

Jeff Bailey : 3/13/2006 4:48:53 PM

April Live Cattle (lc06j) ... PnF chart at this Link ... "There's always a bear market somewhere...."

Jeff Bailey : 3/13/2006 4:43:03 PM

April Live Cattle (lc06j) up 0.18, or +0.20% at 83.63.

April Feeder (fc06j) up 0.48, or +0.46% at 103.43

Jeff Bailey : 3/13/2006 4:39:30 PM

Tyson Foods (TSN) $13.06 -4.32% Link ... $13.01 extended.

Jeff Bailey : 3/13/2006 4:38:07 PM

Wendys Intl. (WEN) $62.06 -0.89% Link ... flat extended.

Jeff Bailey : 3/13/2006 4:37:12 PM

McDonald's (MCD) $34.32 -0.95% Link ... marked lower at $34.18.

Jeff Bailey : 3/13/2006 4:35:14 PM

Mad Cow (updated) DJ - USDA Confirms Positive Result on Mad Cow Test

U.S. Department of Agriculture Chief Veterinary Medical Officer John Clifford said Monday that a cow in Alabama tested positive for mad-cow disease.

Clifford said a positive result was returned from a Western-blot confirmatory test conducted at the USDA's laboratories in Ames, Iowa, on samples from an animal that had tested "inconclusive" on a rapid screening test performed on Friday.

The cow had spent the past year at an Alabama farm, Clifford said.

"The samples were taken from a non-ambulatory (downer) animal on a farm in Alabama," Clifford said in a conference call with reporters. A local private veterinarian euthanized and sampled the animal and sent the samples for further testing, which was conducted at one of our contract diagnostic laboratories at the University of Georgia. The animal was buried on the farm and it did not enter the animal or human food chains.

Jeff Bailey : 3/13/2006 4:33:03 PM

Procter & Gamble (PG) $61.98 -0.43% ... marked lower at $61.65 in extended.

Jeff Bailey : 3/13/2006 4:31:56 PM

Procter & Gamble (PG) $61.98 -0.43% ... Updates Guidance ...

Narrows 3Q EPS To 59c-61c, Incl Items

Had Seen 3Q EPS 58c-61c

3Q Sales Growth Around Mid-Point Of 20%-23% Range

Sees 3Q Organic Sales Growth At 5%-6%, Excl Items

Had Seen 3Q Organic Sales Growth 5%-7%

Boosts Qtrly Div On Cmn, Pfd Stk To 31c

Jeff Bailey : 3/13/2006 4:10:41 PM

Sonus Networks (SONS) $5.42 +2.84% Link ... Higher at $5.64 on headline numbers.

Sonus Ntwks 4Q Rev $57.2M Vs $45.1M, +27%

4Q EPS 2c Vs 2c

4Q Net $5.02M Vs $6.26M, -20%

Jeff Bailey : 3/13/2006 4:08:06 PM

Deep Water Oil Find (update) ... DJ - Mexican President Vicente Fox will announce tomorrow a new deep water oil discovery, which he says could exceed reserves at the giant offshore field Cantarell. Oil find, in the Gulf of Mexico, was under 950 meters of water, as well as 4,000 meters underground.

Jeff Bailey : 3/13/2006 4:06:11 PM

Buy Program Premium ... DIA $110.99, SPY $128.87

Jeff Bailey : 3/13/2006 4:05:42 PM

Advanced Micro (AMD) $34.00 -7.17% Link ... Stock was sharply lower after ThinkEquity analyst cut his recommendation on the stock to sell from buy, saying aggressive pricing from Intel likely will cut into AMD's profits and may result in lost market share.

Jeff Bailey : 3/13/2006 4:02:29 PM

Mad Cow ... DJ - U.S. Agriculture Secretary Mike Johanns says U.S. authorities are being "very transparent" about the recent suspected case of mad cow disease, and predicts it would have no impact on America's beef trade.

Jeff Bailey : 3/13/2006 3:31:26 PM

Baidu.com (BIDU) $50.15 +2.13% ... buyers stand firm at WEEKLY Pivot.

Jeff Bailey : 3/13/2006 3:28:24 PM

Google (GOOG) $338.17 +0.19% ...

Jeff Bailey : 3/13/2006 3:26:35 PM

Baidu.com (BIDU) $49.62 +1.05% ... softening up toward the close.

Jeff Bailey : 3/13/2006 3:13:22 PM

03:00 Internals found at this Link

Jeff Bailey : 3/13/2006 3:03:42 PM

03:00 Market Watch found at this Link

Jeff Bailey : 3/13/2006 3:00:47 PM

5 & 10 year YIELD come together at 4.775%

Jeff Bailey : 3/13/2006 2:15:28 PM

PetroChina (PTR) $96.59 +1.65% Link ... a trade at $97.00 would be a 3-box reversal higher.

Jeff Bailey : 3/13/2006 2:13:12 PM

April Crude (cl06j) $60.95 +1.65% ... today's trade at $61.00 good enough for a 3-box reversal higher on $0.50 box scale.

Jeff Bailey : 3/13/2006 1:52:58 PM

Bullish swing trade long alert for a full position in the Lehman iShare 7-10 year (AMEX:IEF) $81.70 -0.06% here. Stop $81.20, target $83.00 (possible buy-run-write call)

Benchmarking 10-year yield ($TNX.X) at 47.71, or 4.771%

Jeff Bailey : 3/13/2006 1:26:46 PM

Google (GOOG) $338.89 +0.41% ...

Jeff Bailey : 3/13/2006 1:26:37 PM

Cancel prior order alert .... Cancel the order to sell short 1/2 position in BIDU at $51.60.

Jeff Bailey : 3/13/2006 1:19:17 PM

Swing trade go short alert ... 1/2 position for Baidu.com (BIDU) $49.71 +1.24% here. Stop $54.75, target $43.50.

Jeff Bailey : 3/13/2006 1:12:19 PM

01:00 Internals found at this Link

Jeff Bailey : 3/13/2006 1:03:05 PM

01:00 Market Watch found at this Link

Jeff Bailey : 3/13/2006 12:47:30 PM

GOOG March Option Montage with GOOG at $340 strike Link ... I don't see anything too directional.

The $320 Puts that we saw 1,000 trade at $2.15 now erode from better than $4.00 to slight loss. Still see what could be some protection buying of puts at $300 strike keeps me hesitant at selling naked puts.

Jeff Bailey : 3/13/2006 12:22:44 PM

Current OPEN MM Profiles at this Link ... Activity Update ... Bought back the GOOG Mar $410 Calls (GOP-CB) at $0.10.

Open order to sell short 1/2 position in Baidu.com (BIDU) at $51.60. May go short on failure of WEEKLY Pivot.

Jeff Bailey : 3/13/2006 12:05:21 PM

Swing trade naked call filled alert ... on the GOOG Mar $410 Calls (GOB-CB) ... bought back at $0.10.

GOOG $337.71 +0.07% ... GOB-CB now $0.05 x $0.10. Session low has been $0.10, but should be filled at the then bid of $0.10, or current offer.

Jeff Bailey : 3/13/2006 11:57:24 AM

Baidu.com (BIDU) $49.81 +1.44% ... 60-minute interval chart with updated WEEKLY Pivot retracement at this Link

Jeff Bailey : 3/13/2006 11:43:19 AM

Swing trade short 1/2 position alert ... for Baidu.com (BIDU) $50.02 +1.87% ... should the stock trade $51.60

Jeff Bailey : 3/13/2006 11:16:43 AM

11:00 Internals found at this Link

Friday's Internals found at this Link

Jeff Bailey : 3/13/2006 11:08:01 AM

11:00 Market Watch found at this Link

Jeff Bailey : 3/13/2006 10:42:10 AM

Sunoco (SUN) $78.23 +2.35% ... gets trade at WEEKLY R1.

Jeff Bailey : 3/13/2006 10:38:32 AM

Sunoco (SUN) $78.10 +2.18% Link ...

Jeff Bailey : 3/13/2006 10:37:38 AM

Valero Energy (VLO) $55.00 +2.72% Link ... gets trade at $55 strike.

Jeff Bailey : 3/13/2006 10:26:41 AM

PetroChina (PTR) $95.96 +0.98% ... sees trade at WEEKLY Pivot.

Jeff Bailey : 3/13/2006 10:25:30 AM

North Fork Bancorp (NFB) $29.76 +17.20% Link ... Agrees to be acquired by Capital One (COF) $84.71 -5.79% Link for $14.6 billion.

AP Story Link

Jeff Bailey : 3/13/2006 10:22:27 AM

Finisar (FNSR) $4.88 +14.51% Link ... Atop this morning's most active list.

Mentioned favorably on Friday's "Mad Money" by James Cramer.

Jeff Bailey : 3/13/2006 10:08:23 AM

10:00 Market Watch found at this Link

Jeff Bailey : 3/13/2006 10:01:17 AM

Global Gas Meter Market Report 2005-2010 ... Brief- There are 345 million gas meters installed in the world, with a total annual demand of 22.6 million gas meters both new and replacement. Global demand is expected to rise to 27.6 million meters by 2010, with an annual growth of 4%. The World Gas Meter Market report has been updated and expanded. It is a comprehensive study of the world market and contains demand forecasts for 184 countries and detailed meter market surveys of the 15 largest markets in Europe, Asia and the Americas.

More information at this Link

Jeff Bailey : 3/13/2006 9:58:15 AM

XM Satellite Radio (XMSR)$20.57 -1.39% Link ... Chairman Parsons Buys 20,000 shares.

Jeff Bailey : 3/13/2006 9:46:43 AM

Swing trade NAKED Call alert! ... for the GOOG Mar $410 Calls (GOP-CB) ... some action at the bid of $0.10.

GOOG $344.83 +2.17% Link ...

Jeff Bailey : 3/13/2006 9:44:41 AM

Treasury Quarles ... Expects Congress to Hike Debt Limit This Week.

Jeff Bailey : 3/13/2006 9:41:47 AM

DJ- Headline ... Brazil Stocks Advance Early On Rate Outlook, Bargain Hunt

Brazil's stock prices advanced in early trading Monday as investors kept on a bargain hunt amid continued upbeat forecasts for domestic interest rates and the economy.

At 1440GMT, the main Sao Paulo index was 0.5% higher at 37,080 points, compared with 36,890 points at Friday's close.

The index was on the march again upward after selling that produced a decline of more than 6% over the past two weeks.

Traders said investors were encouraged by positive forecasts in the central bank's weekly market survey which showed a recovery in growth and stable inflation.

This week's survey put 2006 growth at 3.7%, up from 3.5% seen last week. Brazil posted 2.3% growth in 2005, less than half the 4.9% seen in 2004.

Meanwhile, inflation is seen ending this year at around 4.55%, only slightly above an official target of 4.50%.

Jeff Bailey : 3/13/2006 9:39:14 AM

Nucor (NEU) $95.48 +0.42% Link ... CIBC ups target to $96 from $71.

Jeff Bailey : 3/13/2006 9:37:07 AM

Ipsco (IPS) $130.18 +0.95% Link ... CIBC ups target to $105 from $89.

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