To: Jack Hartmann who wrote (6022 ) 10/28/2008 4:51:49 PM From: Jack Hartmann Read Replies (1) | Respond to of 6924 Best days in Nasdaq history percentage wise. 01/03/01 up 14.17% Greenspan drops rates unexpectedly 50 basis points for fed funds rate 10/13/08 11.81% MS get Japanese 9B infusion. Market rebounds after worst week ever. Banks globally get cash liquidity. Crash bounce. 12/05/00 10.48% Greenspan, crude dropping below $30 and positive election outcome 10/28/08 9.53% Anticipation of a FED rate cut. BA settles strike. Housing inventories decline. 04/05/01 8.92% DELL affirms guidance and Alcoa has a good quarter. Yahoo got Lehman upgrade. 04/18/01 8.12% Greenspan cuts rates, INTC says demand may have bottomed and TXN says largest wireless customer inventory done and they would be ordering. 05/30/00 7.94% LU buy out offer for Chomatis. Analysts pump semis and opticals. 10/13/00 7.87% Friday the 13th and a Full Moon too. 5/8/02 - 7.78% CSCO beats by 2 cents, QLGC has a strong quarter with further upside. 12/22/00 7.56 Santa Claus visited the Nasdaq 10/21/87 - 7.34% Crash of 1987 bounce toward new highs 4/18/00 - 7.19% Investors buy quality tech issues that had been dragged down by the indiscriminate selling that took place in the past couple of weeks 4/25/00 - 6.57% JDSU amd EMC had great earnings. 4/17/00 - 6.56% Lattice Semi, Texas Instrument, and Vitesse beat estimates. 4/10/01 –– 6.09% CSFB upgrades European telcos to Neutral from underweight, Marconi says it will make numbers. 09/08/98 - 6.02% Greenspan hints he might cut rates. 12/08/00 –– 5.99% INTC up 5.22%. CIBC World Markets upgrades to BUY from HOLD, despite lowering FY01 view by 17.6% to $1.40. Believes worst in stock is over. 10/03/01 - 5.93% CSCO reaffirms guidance, Bush announces financial stimulus package for business, NAPM non-manufacturing index for September came in at 50.2 percent, up from the previous month's 45.5 percent and much higher than the expected 43.3 percent. 10/20/87 - 5.92% Crash bounce. 11/14/00 5.78% GLW announces an alliance with CSCO in optical infrastructure. 10/31/00 5.58% Halloween 10/16/08 5.49% unemployment and inflation steady. finance.yahoo.com NYSE Volume 2,767,806,186 lower Up Volume 2,376,877,329 (86%) Down Volume 381,580,640 (14%) Advancers 2,686 (78%) Decliners 708 (20%) New Highs 2 New Lows 635 Nasdaq Volume 2,777,830,334 Up Volume 2,421,926,418 (87%) Down Volume 348,572,176 (13%) Advancers 2,047 (68%) Decliners 888 (29%) New Highs 1 New Lows 622 Put/Call ratio 1.00 It was 1.90 intraday Under 0.40 is Very Bullish sentiment, 0.40-59 Bullish, 0.60-0.79, Neutral, 0.800-0.99 Bearish, Over 1.00 Very Bearish. When many are bullish, this may be time to take profit. VIX 66.96. When it runs below 20, usually a good time to take some profits. If above 35, good time to buy. Sector Watch Breakout of the day $BKX Banks 57.77 +6.65 +13.01% Everything was up so banks led the charge. Collapse of the day Everything was up People wanted stocks more than gold. Crude $65.09 Nat Gas $6.26 Gold $749 Silver $9.19 The rally faded then ignited. C seeking a buyer. BA climbed 15.3% on strike settlement DJIA 9065.12 up 10.88% 889.35 S&P 940.51 up 10.79% 91.59 NASDAQ 1649.47 up 9.53% 143.57 Why someone would short in advance of a rate cut is beyond me, but the people were put buying in the first hour. Sell the news.