To: Jack Hartmann who wrote (6123 ) 12/16/2008 8:11:10 PM From: Jack Hartmann 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. 11/13/08 - 6.50 The market tested the 839 lows of Oct 11 and bounced back with a fury. 11/24/08 - 6.33% C gets government bailout part 2. 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. 12/16/08 5.41% Fed cut interest rates 3/4 point to 0.25 11/21/08 - 5.18% Obama names NY Fed as Treasury Secretary condidatefinance.yahoo.com NYSE Volume 2,487,931,322 yawn Up Volume 1,844,791,284 (74%) Advancers 3,274 (83%) New Highs 28 New Lows 114 Nasdaq Volume 2,267,995,267 low Up Volume 2,113,089,415 (93%) Advancers 2,278 (74%) New Highs 3 New Lows 9 Up on low volume. A bear trap. Again. Put/Call ratio 0.91 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 52.37 highest ever for an up day 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 $DJR REITs 150.72 +18.75 +14.21% Housing starts are horrid. Collapse of the day Everything was up Crude $44.13 Nat Gas $5.83 down a dollar in a month Gold $853 Silver $11.23 Copper $1.40 DJIA 8924.14 up 4.2% 359.61 S&P 913.18 up 5.14% 44.61 NASDAQ 1589.89 up 5.41% 81.55 U.S. stocks soared higher Tuesday, with banks fronting the surge, as the Federal Reserve axed its benchmark interest rate to a record low and said it would buy large amounts of debt and securities to flood the financial system with money. Quote - "We had thought they were throwing as much at this crisis as they could, but lo and behold, they found more to do. Now the question is will this do the trick, will this restore confidence and stabilize the financial system?" said Hugh Johnson, chairman of Johnson Illington Advisors.