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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (90608)	10/16/2009 7:47:34 AM
From: fred woodall	Read Replies (1) \| Respond to of 94695

Several 3Q reports from bellwethers -- IBM and Google late yesterday, along with GE and Bank of America this morning -- shake out to leave a slightly negative tone ahead of regular trading. So far, GOOG's the only one trading higher premarket, up 3.2%. IBM's down 4%, GE off 1.4% and BAC down 2.8% so far. US dollar's slightly higher, oil easing a little but still above $77/barrel. Two pieces of economic data could have some influence on market direction -- September industrial production & capacity utilization due at 9:15am, and Reuters/Univ of Michigan Oct consumer sentiment set for 9:55am. Beloved FAZ is up 3% in pre-market.