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Friday, August 20

Have a pleasant weekend, guys.


ay carumba!


Posted at 17:40, GMT

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The coil scanner picked up LEN. Lennar is a Florida-based homebuilder (if you didn't know) which some savvy weather watchers made a few bucks off of recently. Now she's pausing, so keep an eye on her.

LEN
LEN, 30-min. Chart

Posted at 9:48, GMT

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Vanguard, in its paternalistic way, attempts to keep fools from rushing in.

Funds closed in the past eight months:

  • Vanguard International Explorer Fund (August 2004)
  • Vanguard Convertible Securities Fund (May 2004)
  • Vanguard Capital Opportunity Fund (March 2004)
  • Vanguard PRIMECAP Fund (March 2004)
  • Vanguard Global Equity Fund (December 2003)
Posted at 9:08, GMT

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Silver on Sale, by Doug Casey. Of course he's said the same thing for the last several decades.

Posted at 8:58, GMT

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What happened to BugMeNot? It was one of the most useful extensions in Firefox, but it isn't working anymore, darn it. UPDATE: Their host dropped them. Time to find a Costa Rican host! Ken Layne explains why compulsory registration is a stupid pain in the ass.

Posted at 8:51, GMT

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Merrill Lynch's ML X-ACT Algorithmic Trading Services Available via Bloomberg:

"The X-ACT(SM) algorithmic trading engines were developed by Merrill Lynch, leveraging extensive quantitative research and analysis of market microstructure and stock-specific behavior patterns. Strategies are continuously re-calibrated based on real-time market data, execution costs, and benchmark relative performance."
Posted at 8:31, GMT

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Yesterday Crude Oil hit the final target of $48 which I wrote about on August 3rd. Projecting the end of impulse waves (like a wave 5) is kind of a fool's game... prices can overshoot, sometimes dramatically. Happily, we've let out the breath we were holding and have tightened our stops up.

CL
Light Sweet Crude Oil futures, Hourly Chart

Posted at 8:19, GMT

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Unusual Suspects from Thursday, August 19, 2004
Tone: Negative 88%


Last Symbol Net% High Low T.C. U.V.
10.61 OVTI 6.63% 11.00 10.10 14781 2.06
40.43 INTU 3.42% 40.87 37.96 12870 2.10
21.79 MRVL 0.09% 22.02 21.50 10705 3.18
42.31 COST 1.56% 42.45 41.52 10229 1.77
6.04 MAMA 14.82% 6.43 5.23 8424 3.67
32.90 PETC 10.69% 33.25 30.65 7708 5.06
14.65 SNPS 31.15% 15.75 14.45 44115 18.72
28.36 PETM 4.89% 28.90 26.20 24947 6.88
35.51 QCOM 1.41% 36.14 35.30 18944 2.04
13.32 RMBS 12.31% 15.57 12.89 11071 5.02

Posted at 7:28, GMT



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