BIll; Were Are you ? The correction is Here Now ! After Hour SELL off
Here is my Dow MEGA/TAIL but it don't tell all.
---------------
Symbol Last Trade Change Volume Shrs Value Change Name
^DJI 5:27PM 8539.24 -45.59 -0.53% N/A - - -0.53% DJ INDUSTRIAL
GE 4:14PM 76 5/16 -15/16 -1.21% 3,274,000 58 -$54.38 -1.21% GENERAL ELEC CO
KO 4:01PM 68 3/4 +9/16 +0.82% 2,509,200 39 $21.94 +0.82% COCA COLA CO
XON 4:00PM 63 7/16 -13/16 -1.26% 3,522,400 35 -$28.44 -1.26% EXXON CP
MRK 4:27PM 124 7/8 -1 7/16 -1.14% 1,788,200 30 -$43.12 -1.14% MERCK & CO
MO 4:26PM 43 1/8 -11/16 -1.57% 4,797,300 27 -$18.56 -1.57% PHILIP MORRIS
PG 4:04PM 82 1/8 -1/8 -0.15% 1,300,700 26 -$3.25 -0.15% PROCTER & GAMBLE
T 4:23PM 61 5/8 -7/16 -0.70% 3,868,500 23 -$10.06 -0.70% AT & T
IBM 4:57PM 99 -3 1/8 -3.06% 3,007,000 24 -$75.00 -3.06% INTL BUS MACHINE
JNJ 4:20PM 73 5/16 -1 3/16 -1.59% 1,911,300 21 -$24.94 -1.59% JOHNSON&JOHNSON
WMT 4:21PM 48 7/16 0 0.00% 2,692,300 21 $0.00 0.00% WAL-MART STORES
10 symbols
-$235.81-1.03%
HEAD ( MEGA ) down 1.03%
----------------------------
DIS 5:01PM 106 7/8 -3 1/8 -2.84% 3,834,000 16 -$50.00 -2.84% WALT DISNEY CO
DD 4:07PM 62 3/16 -5/8 -1.00% 1,639,300 15 -$9.38 -1.00% DU PONT CO
HWP 4:53PM 62 1/2 -2 -3.10% 2,766,900 16 -$32.00 -3.10% HEWLETT-PACKARD
TRV 5:01PM 55 1/8 -1/2 -0.90% 1,994,900 11 -$5.50 -0.90% TRAVELERS GRP
CHV 4:23PM 83 1/2 -1/4 -0.30% 1,653,500 12 -$3.00 -0.30% CHEVRON CORP
BA 5:01PM 53 5/16 +15/16 +1.79% 4,055,300 11 $10.31 +1.79% BOEING CO
GM 4:31PM 73 +2 7/16 +3.45% 5,026,500 10 $24.38 +3.45% GENERAL MOTORS
AXP 4:01PM 91 7/8 -1 -1.08% 1,098,800 9 -$9.00 -1.08% AMER EXPRESS CO
MMM 4:00PM 89 7/8 +1 1/8 +1.27% 1,064,500 8 $9.00 +1.27% MINNESOTA MINING
MCD 4:02PM 53 7/8 +5/16 +0.58% 2,075,000 8 $2.50 +0.58% MCDONALDS CORP
ALD 4:00PM 42 3/16 -3/16 -0.44% 601,500 5 -$0.94 -0.44% ALLIEDSIGNAL
JPM 4:00PM 123 13/16 -13/16 -0.65% 1,373,100 5 -$4.06 -0.65% J P MORGAN & CO
EK 4:00PM 66 1/2 -1 -1.48% 910,200 5 -$5.00 -1.48% EASTMAN KODAK
CAT 4:02PM 52 1/16 -1/2 -0.95% 1,216,300 4 -$2.00 -0.95% CATERPILLAR INC
S 4:01PM 54 1/8 -7/8 -1.59% 778,000 4 -$3.50 -1.59% SEARS ROEBUCK
UTX 4:00PM 89 1/4 -15/16 -1.04% 532,600 4 -$3.75 -1.04% UNITED TECH CP
IP 4:12PM 48 1/2 +1/2 +1.04% 1,058,000 3 $1.50 +1.04% INTL PAPER CO
AA 4:01PM 71 11/16 -5/8 -0.86% 544,700 3 -$1.88 -0.86% ALUM CO OF AMER
GT 4:01PM 68 15/16 -3/16 -0.27% 631,300 2 -$0.38 -0.27% GOODYEAR TIRE
UK 4:00PM 46 3/4 -1/2 -1.06% 302,100 1 -$0.50 -1.06% UNION CARBIDE CP
20 symbols
Totals:
$83.19-0.75%
Tail Down .75%
---------------------------------
Head dipping at a faster rate than tail..bad sign..this is
the second Warring this week.
------------------
Look For IBM, and HWP to take hits on the open..this may panic
a lot of people who focus on the DOW bug..
---------------
HERE is MY MEGA TECH INDEX
-----------------------------
Symbol Last Trade Change Volume Shrs Value Change Name
^IXIC 4:45PM 1759.70 +2.56 +0.15% N/A - - +0.15% NAS/NMS COMPSITE
MSFT 4:01PM 82 5/16 -2 3/16 -2.59% 17,878,400 158 -$345.62 -2.59% MICROSOFT CP
INTC 4:01PM 86 7/16 +1 1/8 +1.32% 13,550,000 123 $138.38 +1.32% INTEL CORP
IBM 4:57PM 99 -3 1/8 -3.06% 3,007,000 100 -$312.50 -3.06% INTL BUS MACHINE
HWP 4:53PM 62 1/2 -2 -3.10% 2,766,900 65 -$130.00 -3.10% HEWLETT-PACKARD
CSCO 4:01PM 65 1/4 +3/4 +1.16% 6,538,500 57 $42.75 +1.16% CISCO SYSTEMS
CPQ 5:11PM 28 -1 13/16 -6.08% 24,251,800 88 -$159.50 -6.08% COMPAQ COMPUTER
DELL 4:01PM 138 7/8 +7 3/4 +5.91% 15,807,100 29 $224.75 +5.91% DELL COMPUTER
WCOM 4:01PM 38 3/8 -9/16 -1.44% 5,506,100 28 -$15.75 -1.44% WORLDCOM INC
ORCL 4:01PM 26 1/16 0 0.00% 9,589,000 19 $0.00 0.00% ORACLE CORP
SUNW 4:01PM 46 9/16 +1 1/4 +2.76% 3,291,200 16 $20.00 +2.76% SUN MICROSYS
MOT 4:52PM 55 5/8 -5/8 -1.11% 4,901,200 36 -$22.50 -1.11% MOTOROLA INC
12 symbols
-$560.00-1.06%
--------------------------
MEGA TECH OFF 1.06% while the IXCI index was up some..
( another reason I say you can't TA an Index )
Look for more drop in MSFT, INTC, CPQ,
NOTE DELL HELD THIS UP TODAY WITH 7Pt GAIN, IT's GOING TO
GIVE A LOT OF THAT UP
---------------------------
I look for steep drop early, with perhaps some recovery
by late day, with much volatility...
------------------
If u don't have your puts already they will cost dearly in
the morning..and they don't open till 15 min after the market
---------------
My one hope is this bleads into XCIT..I went short her today
with my luck the ..the internet stocks might be left alone,
-------------
Now you know why I came outa my Mutual Funds. Folks that didn't
already may as well hang on. I think the BULL market is still
in place but just got ahead of itself , this is not going to
be as bad as OCT..but more in the way of a correction..
S&P up 10% in a month would equal 120% in a year..there is
no way it could maintain that pace.
May be some bargains tomorrow, they sure been hard to find
latly.
Jim
------------
|
