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IDS World Markets Mon 19th September 05


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HGX still acting most excellently...

 

Below the blue line is the crash window...

 

 

Looks like its lost the morning Pop.

 

Trannies and Banks are under pressure - Banks down abt 1%.

 

I was wrong on friday about the Hinderburg Omen - I used Yahoo data which was wrong and not confirmed by any other source like Barrons or Reuters etc. There was NO trigger on friday.

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This mornings news was interesting. Nike beat and the stock goes flying, but Russell sports wear dissappoints. They state that Katrina has created problems for their bizness. Can't get delivery of certain polyesters and their has been a price spike of 20% because of the disruption. Also lost a Walmart contract though.

 

And Siemens is laying off 2500 or so.

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