Yep.DLJ,JBOH,SCH,NITE,NDB,AMTD,EGRP,SWS,evenMWD,SEIB. Best bet for me JBOH/long..
from news.........
" The 30-year Treasury's yield - which moves opposite to the price -
jumped to 5.92%, its highest yield since last May, from 5.75% late
Thursday. The dollar rose nearly one yen, but was virtually flat against
the euro.
At least one market watcher believes there's little cause for concern
about inflation at this point. "This inflation figure is not creating a
trend in our opinion," said Al Goldman, chief market strategist at A.G.
Edwards & Sons. "The annual rate is still 2.2% for the core rate of
inflation. Yes, we had a blip up. But labor costs are still tame.
Industrial commodity prices are still benign and we don't think the Fed
is going to take any action next week."
John Lauer, director of trading at Schwab 500, Charles Schwab's
active trader unit, took note of the fact that activity wasn't
particularly brisk on a day of such steep declines. "There is not the
spike in volumes that you would expect to see" given the deterioration
of the market averages. "For a day where we're down, there is no real
volume, no sign of panic."
bernard |
