WOOF Post market comments

2:55PM New 52-Week Lows :Notable new lows include Internet (ECST, EXPE, ZIPR), Retail (DWRI, FDO, GDYS, JNY, RCII), Semis (RMBS), Biotech/Pharma (AVNC, NPSP, NRGN, ONCY), Recent IPOs (NSTC, QMAR). (from yhoo finance)

ONLY 53 new highs today. Market momo has dissapeared. When I say don't fight the 20 EMA, I mean it. Follow it, don't be a salmon!

Keep your (pot calling...) approach SIMPLE. Make it your own. I always step back before I step forward.

I have a wide net of connections for input on all range of subjects, giving me better understanding. I read like a minx

XOM off $1 plus. 10 yr bonds at 4.227% was lower before selloff gained speed.

83% down volume a serious down day. Friday is options exp day. My CAT buddy Matt tells me Deere caught in headlights today.

Most pro's think you have to be in so stay in to gain. VIX popped up today a bit still low 13 something. Not bullish if the pro's get ancy.

High cost of gasoline hurting the working class, wil hurt bottom line of those doing business with same.

TOO many SUV'S on road, geting 10 plus per gallon, TOYOTA is sitting in catbird seat with deepest offering of HYBRID'S, where are the big 3 on this?

Earnings momo ebbing quickly, estimaes much too high going forward, more likely earnings warnings to grow, pressure stocks.

Historical LOW in mutual fund cash levels, any cashing in will cause stokcs to get sold, could cause ripple effect.

145 weeks of plurality of bulls.

Dow pulling away from 2005 highs. TRannies clocked for over 50 pt loss.

Who has locked in profits from 2003 rise?

After close HPQ reported:

SAN FRANCISCO (MarketWatch) -- Hewlett-Packard on Tuesday reported third-quarter net income of $73 million, or 3 cents a share, compared to $586 million, or 19 cents a share in the year-ago period. The results were reduced by $960 million in taxes. Excluding one-time items, H-P earned $1.1 million, or 36 cents a share. Revenue grew to $20.8 billion from $18.9 billion. By that measure, the company beat the estimates of analysts surveyed by Thomson First Call, who forecast a profit of 31 cents a share, on $20.5 billion in revenue.


Duratek