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Tab Gilles : 6/7/2006 12:32:27 AM

$SPX, $RUT, $DJUSEN Link Link Link

Jeff Bailey : 6/6/2006 11:25:05 PM

YM 5-minute interval chart at this Link

Jeff Bailey : 6/6/2006 11:21:15 PM

YM Pivot Matrix found at this Link

OI Technical Staff : 6/6/2006 9:59:59 PM

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Jeff Bailey : 6/6/2006 6:15:26 PM

YM recap 5-minute interval chart with IBM short and BA long close outs at this Link

Jeff Bailey : 6/6/2006 5:56:25 PM

Index Pivot Matrix for tomorrow at this Link

Jeff Bailey : 6/6/2006 5:23:36 PM

Hang Seng ($HSI) Link ... and you can bet your bottom dollar they'll be monitoring tomorrow's Consumer Credit data.

Jeff Bailey : 6/6/2006 5:21:09 PM

Keeping a VERY close eye on CEO $75.05 +0.42% Link

as it would relate to PTR $106.80 +1.24% on an unconventional $1-box chart Link

Jeff Bailey : 6/6/2006 5:17:55 PM

Current OPEN MM Profiles that I've made at this Link

Today's Activity

Stocks/Options

Day trade carryover was covered in IBM short at target of $78.50 ($+0.41, or +1.60%)

Day traded long shares of Boeing (BA) at the offer of $79.71, but exited at $80.07 ($+0.36, or +0.45%).

YM Futures

Day trade shorted the YM at 11,145 (Stop=11,170 : Tgt= 10,911), but was stopped at 11,170 (-25 pts, or $125/contract).

Jeff Bailey : 6/6/2006 4:57:12 PM

Closing Internals found at this Link

Jeff Bailey : 6/6/2006 4:43:57 PM

Closing U.S. Market Watch found at this Link

July Crude (cl06n) reversed earlier losses, but settled down $0.10 at $72.50.

July Unleaded (hu06n) settled up $0.0146 at $2.1788.

Jeff Bailey : 6/6/2006 4:32:56 PM

Consumer Credit forecast $3.5B, up from prior $2.5B.

Definition: Consumer Credit measures the monthly growth/contraction in outstanding consumer installment credit. It give important insight into the state of consumer finances and is considered a leading indicator of consumer spending.

Jeff Bailey : 6/6/2006 4:12:48 PM

I think EVERY bit of economic data at this point has the potential to be a market mover Jane.

Jane Fox : 6/6/2006 4:07:09 PM

AT 3:00EDT tomorrow we have April Consumer Credit which is not a market mover.

Jeff Bailey : 6/6/2006 4:00:08 PM

Cancel Naked Put buy back alert ... Cancel order to buy back the PTR-RS for $0.20 at this time.

Jeff Bailey : 6/6/2006 3:42:54 PM

IBM $79.87 +1.02% ... Oh Myyyy!

Jeff Bailey : 6/6/2006 3:41:58 PM

BA $80.60 ... retraces 38.2% of day's decline.

Jeff Bailey : 6/6/2006 3:37:59 PM

BA $80.40 ... revs engines to afternoon high.

Jeff Bailey : 6/6/2006 3:37:34 PM

Buyers are going to defend. I don't believe it. Too easy to just give up until tomorrow.

Jeff Bailey : 6/6/2006 3:36:41 PM

BA $80.25 ...

Jeff Bailey : 6/6/2006 3:36:21 PM

Buy Program Premium ... SPX 1,259.50 : YM 10,975

Jeff Bailey : 6/6/2006 3:35:45 PM

YM short stop alert 10,970

Jeff Bailey : 6/6/2006 3:35:23 PM

IBM $79.47 +0.51% mmm makes a run for afternoon high of $79.60.

Jeff Bailey : 6/6/2006 3:33:30 PM

YM 10,950 ... refusing to make a bold break back under DAILY S2.

Jeff Bailey : 6/6/2006 3:32:11 PM

Bullish day trade exit/close out alert ... for Boeing (BA) $80.07 at the bid

Jeff Bailey : 6/6/2006 3:18:59 PM

YM short entry alert 10,945

Jeff Bailey : 6/6/2006 3:18:34 PM

SOX.X (alert) 456.50 ... session low.

Jeff Bailey : 6/6/2006 3:18:04 PM

Bullish day trade raise stop alert for BA $80.07 ... to $79.95.

Jeff Bailey : 6/6/2006 3:14:44 PM

SPX NH/NL 2:25

Jeff Bailey : 6/6/2006 3:14:19 PM

03:00 Internals found at this Link

Jeff Bailey : 6/6/2006 3:02:49 PM

03:00 Market Watch found at this Link

Jeff Bailey : 6/6/2006 3:00:03 PM

YM short setup alert ... go short on a trade at 10,945, stop 10,970, target 10,911.

YM 10,953 ....

Jeff Bailey : 6/6/2006 2:57:53 PM

Looks like shorts are moving in, pressuring to the close.

Jeff Bailey : 6/6/2006 2:50:58 PM

IMF Sees Room For "Some" Tightening Of ECB Policy

DJ- The International Monetary Fund Tuesday warned the European Central Bank against raising interest rates too aggressively, just days before the central bank's governing council is expected to hike for the third time in seven months.

In its annual review of the euro-zone economy, the IMF said it expects the annual inflation rate to remain above the ECB's 2% target until well into 2007.

But it said that with growth unlikely to pick up further, the inflation rate will likely fall below target in 2008, removing the need for a sharp rise in interest rates.

The IMF's warning chimes with recent comments from the Organization for Economic Cooperation and Development, which also advised the ECB to exercise caution in raising rates.

The ECB's 18-member governing council meets Thursday in Madrid, and it is expected to raise interest rates 25 basis points to 2.75%. It hiked rates in December and March.

The IMF acknowledged the need for one more increase in rates, but indicated it was skeptical about the need for further action after June 8.

"With inflation expected to revert to its benchmark only slowly...some further withdrawal of monetary accommodation appears warranted," the IMF said. "However, the conditions for continued and thus more substantial tightening do not seem in place."

The IMF noted consumers continue to expect the inflation rate to remain around the ECB's target, while "risks are weighted to the downside."

"Continued tightening would seem to require a quickening in the fundamentals of the recovery...or the emergence of second-round effects, or of yet further shocks likely to prompt increased domestic inflationary pressures," the Fund said.

The IMF said the euro's recent appreciation against the dollar and uncertainty in global financial markets suggest the ECB should be particularly careful.

"Growing uncertainty in financial markets and an appreciating euro...argue for caution in raising rates," the Fund said.

The Fund said it expects the euro-zone economy to grow at an annual rate of around 2.0% in 2006, and cited the euro's appreciation against the dollar as one reason for believing the pace of the expansion is unlikely to pick up.

"A sustained pickup beyond this pace, while possible, appears unlikely given appreciable headwinds, including high oil prices, a strengthening euro and some weak fundamentals," the IMF said.

The euro has appreciated by some 9% against the dollar since the start of the year, although it lost some ground Tuesday.

The Fund said it expects the euro zone's inflation rate to remain above 2.0% for "much of the period to end-2007," as a result of high oil prices, but added it should fall below the ECB's target in 2008.

"With unemployment still high, wages are expected to firm only very gradually," the Fund said. "Domestic pressures on inflation...should thus remain contained."

Jane Fox : 6/6/2006 2:18:39 PM

LoopNet IPO awaits pricing for Wed. debut

Jeff Bailey : 6/6/2006 2:06:39 PM

QQQQ $38.59 -0.48%, SPY $126.42 -0.55%, IWM $70.55 -0.75% ... are most actives

Jane Fox : 6/6/2006 2:03:30 PM

$RUT AD line is a bearish 568/1103 0.51%

Jeff Bailey : 6/6/2006 2:03:14 PM

Current OPEN MM Profiles that I've made at this Link

Jeff Bailey : 6/6/2006 1:55:47 PM

Bullish day trade raise stop alert ... for Boeing (BA) $80.007 -2.59% ... to $79.71 (break even)

Jane Fox : 6/6/2006 1:44:04 PM

NYSE MOST ACTIVE STOCKS: LU ELN NT GE IPG

Jeff Bailey : 6/6/2006 1:31:18 PM

Chicago Merc (CME) $443.48 -0.12% Link ...

Jeff Bailey : 6/6/2006 1:29:37 PM

NYMEX Europe To Trade Electronically, Close Floor on June 9

Jeff Bailey : 6/6/2006 1:25:52 PM

Boeing (BA) $79.83 -2.80% ... this trade WILL NOT be held overnight if it can't, or doesn't look to close above $80.25.

Jeff Bailey : 6/6/2006 1:22:28 PM

SPX NH/NL 1:24

Jeff Bailey : 6/6/2006 1:22:03 PM

01:00 Internals found at this Link

Correction Alert! 11:00 AM NH/NL measures were incorrect at 11:00 update, but now corrected. NH/NL ratios were correct at 11:00 AM EDT.

Jeff Bailey : 6/6/2006 1:12:13 PM

Naked Put adjust order alert ... Change that order to close out the PTR-RS to $0.20.

Jeff Bailey : 6/6/2006 1:03:38 PM

01:00 Market Watch found at this Link

Jeff Bailey : 6/6/2006 1:00:06 PM

YM long cancel order alert ... Cancel order to go long at 10,955 from 12:37:16.

Jeff Bailey : 6/6/2006 12:57:42 PM

Boeing (BA) $79.90 -2.71% ...

Jeff Bailey : 6/6/2006 12:56:59 PM

YM alert 11,005

Jeff Bailey : 6/6/2006 12:56:32 PM

Not sure, but that EIA data on China seemed to spark some strength. Maybe global economy not going in the tank?

PTR $106.45 +0.91% ...

Jeff Bailey : 6/6/2006 12:45:19 PM

Bullish day trade long alert ... for Boeing (BA) $79.71 -2.94% here, stop $79.45, target $81.25.

Jeff Bailey : 6/6/2006 12:42:53 PM

Buy Progra Premium ... SPX 1,260.63 : YM 10,987

Jeff Bailey : 6/6/2006 12:37:16 PM

YM Long Setup Alert go long on a trade at 10,955, stop 10,938, target 11,005

YM 10,975 (session low has been 10,931)

Jeff Bailey : 6/6/2006 12:29:48 PM

EIA: China's 2006 Oil Demand Seen at 7.4M B/D, +6.8% on Year

Jeff Bailey : 6/6/2006 12:28:56 PM

EIA: China's Q2 Oil Use Seen +5.8% vs. Year-Ago at 7.3M B/D

Jeff Bailey : 6/6/2006 12:27:10 PM

EIA Revised OPEN-10 April Output Down about 435,000 B/D to 29.345M B/D

May OPEC Oil Output 29.335M B/D

Jeff Bailey : 6/6/2006 12:00:56 PM

PTR $105.20 -0.27% ... PTR-RS $0.15 x $0.45.

Jeff Bailey : 6/6/2006 12:00:23 PM

Naked Put place order alert ... Let's place an order to close out/buy back the one (1) Petrochina PTR Jun $95 Put (PTR-RS) for $0.25.

Jeff Bailey : 6/6/2006 11:49:08 AM

YM 10,947 ... resting on DAILY S2.

Jeff Bailey : 6/6/2006 11:48:39 AM

Swing trade short target alert ... for IBM $78.50

Jeff Bailey : 6/6/2006 11:34:17 AM

eBay (EBAY) $31.85 -2% ... moves sharply into 5/25/06 gap.

Jeff Bailey : 6/6/2006 11:12:45 AM

SPX NH/NL ... 1:19

Jeff Bailey : 6/6/2006 11:12:29 AM

11:00 Internals found at this Link

Jeff Bailey : 6/6/2006 11:02:40 AM

11:00 Market Watch found at this Link

Jeff Bailey : 6/6/2006 10:53:31 AM

IBM $79.52 +0.58% ... WEEKLY Pivot at $79.87, WEEKLY S1 at $78.97.

DAILY R1 $79.72, DAILY Pivot $79.36, DAILY S1 $78.69

Jeff Bailey : 6/6/2006 10:51:19 AM

IBM $79.62 +0.70% ...

Jeff Bailey : 6/6/2006 10:50:45 AM

YM alert 11,013

Jeff Bailey : 6/6/2006 10:39:52 AM

YM 11,048 ... the trade setup I'd like to see is YM above 11,086, then a move back below to short and target 11,013.

Jane Fox : 6/6/2006 10:26:06 AM

Freddie Mac (FRE) cut to neutral by Credit Suisse target cut to $64 from $78

Jane Fox : 6/6/2006 10:24:33 AM

NASDAQ MOST ACTIVE STOCKS: JDSU INTC MSFT SIRI HGSI

Jane Fox : 6/6/2006 10:24:07 AM

Realtor trade group's chief economist says Fed should pause -

Jane Fox : 6/6/2006 10:21:05 AM

Millipore (MIL) shares fall 4% to $65.61 following plans to sell $550m in notes

MIL to use proceeds to fund part of serologicals buy

Jeff Bailey : 6/6/2006 10:12:37 AM

10:10 Market Watch found at this Link

Jane Fox : 6/6/2006 10:01:50 AM

G-III (GIII) apparel shares off 5.5% to $8.86 following Q1 report losses $8.9m vs $4.7m

GIII Q1 losses 72c vs 43c due to higher interest costs - reflects acquired cos.' results

Jeff Bailey : 6/6/2006 9:58:07 AM

IBM $79.31 +0.31% ... is holding in there.

Jane Fox : 6/6/2006 9:58:03 AM

Us airways (LCC) up 1.8% at $45.36

Vitesse semi (VTSS) up 2.3% at $1.74

Wild Oats (OATS) markets share rise 6.4% to $16.83

Alcoa (AA) down 1.3% at $30.96

Johnson & Johnson (JNJ) up 1% at $60.70

Jeff Bailey : 6/6/2006 9:57:28 AM

YM 11,041 ... should trade 11,013-11,000 before this session is over.

Jane Fox : 6/6/2006 9:54:36 AM

Eltek (ELTK) shares up 17% at $4.85

Elan (ELN) up 1.4% at $16.75

Imclone (IMCL) down 3.3% at $38.76

Dollar Tree (DLTR) down 4.1% at $24.50

Jane Fox : 6/6/2006 9:41:49 AM

New Frontier Media (NOOF) shares down 14.6% to $7.41 on after Q4 report, FY07 outlook
Q4 earns $3.3m vs $2.4m ; 14c vs 10c
Q4 revenue up 19% to $12.9m vs $10.8m

Jane Fox : 6/6/2006 8:59:31 AM

HP (HPQ) ups Q2 outlook due to tax settlement
HP now sees Q2 earns 66c vs prior 51c now sees Q2 adj earns 69c vs prior 54c
ups 2006 outlook to $2.02-2.06
sees 2006 adj earns $2.19-2.23
Q2 first call est 47c; 2006 $2.08

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