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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (351386)	12/19/2007 7:39:57 AM
From: MythMan	Read Replies (3) \| Respond to of 436258

LOL

To: Giordano Bruno who wrote (351386)	12/19/2007 7:54:58 AM
From: DebtBomb	Read Replies (1) \| Respond to of 436258

I saw it too. Then I couldn't find it. They erased it. WTF? What has this place become? Now, the news is erased? They're hiding so much. We'll collapse when it all gets exposed.

To: Giordano Bruno who wrote (351386)	12/19/2007 9:07:02 AM
From: stan_hughes	Respond to of 436258

You guys need a refresher course in how to search for cached items on the web -- a transcript of your missing report follows -- Stock index futures fell before the start of Wall Street trading on Wednesday, which will see quarterly earnings from bank Morgan Stanley, sport goods group Nike and software maker Oracle. Eyes will also be on the outcome, due to be announced at 1000 EST, of Monday's Federal Reserve $20 billion Term Auction Facility as well as speeches by Treasury Secretary Henry Paulson, on housing, at 1730 GMT and Richmond Fed President Jeffrey Lacker, on the economic outlook, at 1300 EST. On the economic data front, the Mortgage Bankers Association weekly mortgage market index is due at 1200 GMT. At 1050 GMT, Dow Jones futures were down 0.5 percent, S&P 500 futures fell 0.6 percent and Nasdaq futures dropped 0.4 percent. The indicative Dow Jones index , which tracks how the Dow stocks are traded in Frankfurt, was flat. "In the current heightened risk environment, we may well witness another attempt to pull the S&P 500 through the psychological support in the 1,400 area all the way down towards the 1,310/00 area ... before the uptrend can continue," Morgan Stanley strategists said in a note. "Last week's elevated inflation readings point to further near-term downside risk for the S&P 500 in general and financials in particular." "For U.S. financials, these inflation readings are especially negative as they potentially reduce the prospect of more rapid monetary easing, which is an almost consensus expectation, and, in our view, financials' strongest support," it said. Credit Suisse said the outlook for financials was still quite dark. "There are still many securities on banks' balance sheets which could generate substantial losses, particularly leveraged loans and commercial real estate exposures. We also note that the outlook for revenues may be held back by increasing counterparty risk," the bank said in an equity strategy note. MORGAN STANLEY LOSS Against this backdrop, eyes will be squarely on Morgan Stanley's fiscal fourth-quarter results due for release before the U.S. stock market's opening. Market consensus is for a loss per share of $0.39, according to Reuters Estimates. Morgan Stanley's Frankfurt-listed shares were 0.2 percent higher at 1050 GMT. Other stocks in focus could include Palm Inc, which fell 8.4 percent after Tuesday's closing bell after the company reported a quarterly loss due to the delay of a key new product. Shares of Take-Two Interactive Software Inc fell 2.8 percent after the video game maker posted quarterly results, while TD Ameritrade Holding Corp jumped more than 4 percent as the discount brokerage raised its quarterly profit outlook. Darden Restaurants Inc. dropped 7 percent as the company posted a quarterly profit below expectations, blaming among other factors, a tough consumer environment. "We would avoid low-end consumer and poor-quality corporate plays and stocks with poor pricing power where food/energy is a high proportion of costs," said Credit Suisse, which sees the S&P 500 at 1,650 points by end-2008. On Tuesday, U.S. stocks rose as investors bought beaten-down shares of technology heavyweights such as IBM and Microsoft Corp on hopes that the tech sector would weather the impact of the credit crisis. The Dow Jones <.DJI> advanced 0.5 percent, the S&P 500 <.SPX> gained 0.6 percent to close at 1,454.98 and the Nasdaq <.IXIC> jumped 0.8 percent.