IIC's Winners Watchlists

[mtm]

It was the the good old $BKX that got the NYSE moving today and pushed the spoo's.
Hoping for a bad GDP to fill the gap then from the looks of it getting a bounce.

WHY? I bad GDP should get the Fedss to lossen their choke hold on the markets.

[New-born baby]

Next!

It was the the good old $BKX that got the NYSE moving today and pushed the spoo's.
Hoping for a bad GDP to fill the gap then from the looks of it getting a bounce.

WHY? I bad GDP should get the Fedss to lossen their choke hold on the markets.

It is time for the GREENMAN to go home and retire.

[IIC]

I don't know why this won't code correctly here


Consensus was 3.5% per Barron's

Percent Changes Of GDP Components
 
.
							 Q1-05 Q4-04 Q3-04 Q2-04 Q1-04 2004
 
Real GDP						3.1	3.8	4.0	3.3	4.5	4.4
Personal Consumption Expend	 3.5	4.2	5.1	1.6	4.1	3.8
Durable Goods				 0.0	3.9 17.2 -0.3	2.2	6.7
Nondurable Goods			 4.9	5.9	4.7	0.1	6.7	4.6
Services					 3.6	3.4	3.0	2.7	3.3	2.8
Domestic investment			12.5 13.3	2.4 19.0 12.3 13.2
Fixed investment			 5.0 10.5	8.8 13.9	4.5 10.3
Nonresidential			 4.7 14.5 13.0 12.5	4.2 10.6
	Structures				 -2.6	2.1 -1.1	6.9 -7.6	1.4
	Equipment & Software		6.9 18.4 17.5 14.2	8.0 13.6
Residential				 5.7	3.4	1.6 16.5	5.0	9.7
Exports-Goods, Services		 7.0	3.2	6.0	7.3	7.3	8.6
Imports-Goods, Services		14.7 11.4	4.6 12.6 10.6	9.9
Government Consumption Exp	 0.6	0.9	0.7	2.2	2.5	1.9
Federal					 0.6	1.2	4.8	2.7	7.1	4.7
National Defense			 0.2 -0.6 10.1	1.9 10.6	7.3
Nondefense					1.3	5.3 -5.3	4.4	0.2 -0.5
State and Local			 0.5	0.6 -1.7	1.9	0.0	0.4
Gross domestic purchases		4.4	5.0	3.9	4.2	5.0	4.8

Summary Table Of Key U.S. Gross Domestic Product Data
 
.
					 Q1-05	 Q4-04	 Q3-04	 Q2-04
					 Advance	Final	 Final	 Final
 
Real GDP			 11078.2 10994.3 10891.0 10784.7
%Change				3.1	 3.8	 4.0	 3.3
Gross Dom Purch	 11732.7 11607.6 11467.4 11358.1
%Change				4.4	 5.0	 3.9	 4.2
Real Final Sales	 10996.2 10945.5 10854.7 10722.3
%Change				1.9	 3.4	 5.0	 2.5
Nominal GDP		 12182.7 11994.8 11814.9 11657.5
%Change				6.4	 6.2	 5.5	 6.6
PCE Chain Index		 2.1	 2.7	 1.3	 3.1
US Purch Index		 3.0	 2.9	 1.9	 3.5

[IIC]

"Confirmed Rally already seeing some signs of distribution"...IBD

How come I never see their rally's?

Upgrades: KYO APD FWRD BIIB ROCK APD ADZA

[B.J]

Doug, I'm with you there. The IBD rally signals seldom work. The market top signals seem fairly reliable, though. When the signals conflict is when IBD seems REALLY CONFUSED

[mtm]

Well the market rallied back this morning as I expected but is now fading. This is not good!!! If we continue to fade this could get VERY UGLY!!!

[mtm]

If we take out 1145 on the S&P E-mini's we could easily see this years lows today.

[mtm]

If we take out 1145 on the S&P E-mini's we could easily see this years lows today.

And there is the nasty cracking of the market.

1145 taken out.

[Websman]

"Confirmed Rally already seeing some signs of distribution"...IBD

How come I never see their rally's?

Upgrades: KYO APD FWRD BIIB ROCK APD ADZA

IBD doesn't know $h!T.

[IIC]

Calm down Webs...I still use IBD/DGO info to make many of my investment decisions...I just don't believe in their "Theoretical Super Duper I Beat The S & P 500 by 1,000,000% Every Year" tout...or whatever they claim it is...I forget.

BTW...I'll send you a buck if you post at IBD Forums..."Whatever happened to WallStreet Wally aka IIC"? I think you can find him at Mr. Market.

Today's MoMo:

ANIK ITRI KNDL KOMG GSIC PTC ALDA IRIS NSI FZN SWB CAND PRLS

ANIK
ITRI
KNDL
KOMG
GSIC
PTC
ALDA
IRIS
NSI
FZN
SWB
CAND
PRLS

[IIC]

FYI...In case anyone is interested...My S/R figures are based on a Confluence Scan using Fibs, Trends, RSI, STO, Hi/Lo and Congestion. The strength is something I add based on the scan results in descending order: Very Strong, Strong, Medium, Blank(I post no strength), Weak and Very Weak...IIC


S/R for Friday

Nasdaq

Resistance

2184
2163
2128
2107
2090
2066
2048
2028
2015-Medium
1996
1975
1964
1945-Medium
1906

Support

1889-1898
1867-1877

QQQQ

Resistance

40.50
40.05
39.50
39.20
38.75
38.10-Medium
37.80-Weak
36.95-Medium
36.25-Medium
36.05-36.10
35.75-Weak
35.35-Medium

Support

34.60
34.05-Weak
33.80-Weak

[IIC]

Personally, I think what bothers many is that we have not had that blowout down day or two or three...Many, I believe are waiting for "Capitulation". The markets are simply grinding...wearing people out right now.

It would be nice to get the whole thing over with...circa October 1987...But I don't think that will necessarily happen. I am Bullish long term...Of course, I always am...But in this case, and I can't predict when, I think we are all going to wake up one morning and say to ourselves..."Hey, it is time to get back in long"...Meanwhile, I will just play it day by day and try to buy whatever is in favor at the moment...IIC

[skiracer]

I think that is all you can do in these markets is to narrow it down to which sectiors are in favor and which stocks in those sectors are in favor. Still doesn't gurarantee anything but puts the edge a little more in your favor. The only true winning play in these situations is to stay in cash while looking for a momo play for a intraday or short term swing for a day or two.

[IIC]

Time for a bounce...IBD says "Intermediate Correction"...LOL

[IIC]

Upgrades:

PHS IBM RGC EMN DOW EQR ACTU SFCC RPM GR UPL RDC GSF MCRL AIO ATAC BBY SAFT