Tuesday, October 25, 2005

20051025 Tom PM

markets down fractionally.
gold up 7.
dollar is toast.
bonds smoked.
TLT stay with the trend so dont buy.
EBAY down 3.5% on 2 times volume. speculating google will start auctions.
CTX earning numbers. 25% of new loans were interest only.
let home builders get higher before thinking about shorting.
bud:
EK nine year falling price channel.
OIH wait to short.
XAU gold wants to go higher.
BAC 4.7% dividend. like it. 42.50 is a good buy.
rising inflation hammers high interest stocks because the investor can go into treasuries with less risk.
energies want to bounce here. then short.
crude oil has topped out. natural gas has not topped out.

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