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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (6933)3/23/2005 9:05:33 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Wow, this is not good....

Index futures were trading flat or maybe a bit up.... but now the CPI came in higher than consensus in both the total and the core, and the futures took a nosedive.

Treasury yields dropped precipitously at the same time.

Gap down at the open.

T



To: Venditâ„¢ who wrote (6933)3/23/2005 9:11:17 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
That's quite a drop in the oil futures.... suggests downward momentum sufficient to take it to the lower BB rail.

T



To: Venditâ„¢ who wrote (6933)3/23/2005 11:20:50 AM
From: nohalo  Read Replies (1) | Respond to of 8752
 
SLAB:

139.142.147.221

Looks like a good entry.

Would appreciate your opinion.