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Richard's Remarks

 

I can't ever remember when the whole world was waiting for word from a single source, the Fed. It's ridiculous and really outrageous. No wonder Druckenmiller is quitting Wall Street!

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TODAY'S MARKET ACTION:

 

My PTI was down 8 at 6546. The moving average is 6519, so my PTI is bullish by 27.

 

The Dow was down 206.04 to 15112.19.

 

Transports were down 75.52 to 6283.04.

 

Utilities were down 11.44 to 479.38.

 

NASDAQ was down 38.98 to 3443.20.

 

S&P 500 was down 22.88 to 1628.93.

 

There were 466 advances and 2625 declines on the NYSE.

 

There were 118 new highs and 92 new lows.

 

Total Volume on the NYSE and associated exchanges was 3.99 billion.

 

Bonds: Yield on the 10 year T-note was 2.347. Yield on the long T-bond was 3.418. Yield on the 91 day T-bill was 0.051.

 

Dollar Index was up 0.791 at 81.54. Euro was down 1.36 at 132.75. Yen was down 1.32 at 103.68. Currency Prices as of 1 PM ... Log in or subscribe to continue reading.


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