Thursday, November 29, 2007

Forensic Trader Radar (FTR) 11/29/2007

The below is the link to the FTR. The data does not include after hours activity. THE SPREADSHEET DISPLAYS 11/29/2007 DATA BASED ON THE REGULAR TRADING HOURS ONLY.

http://spreadsheets.google.com/pub?key=pWDllmclb1Sb1on6PMAKrSw

alert 10:24 am Eastern
DELL Last price 24.10
Finding resistance at 24.38
Consider covering if 24.55 is broken
Positive BIAS if 24. 72 is broken before 11:30am

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Forensic Trader Radar (FTR)

As promised the crystal ball of all screeners.
http://spreadsheets.google.com/pub?key=pWDllmclb1SafL6KXnuiWSg

A new feature is coming to Forensic Trader - Simply by the numbers. Real time traderblips. Check back during the day to see what the FTR has sniffed out.

Premkt movers -- ACGY, DLTR, GOLD, REGN. Honerable mention SOLF.


Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Wednesday, November 28, 2007

Technicals or Tea leaves?

I don’t mean to brag but can any one say that they subscribe to a vendor with the predictive qualities of the Forensic trader – Simply by the numbers. This won’t take long. Today 163 stocks were returned at the end of trading day that matched the criteria I always use. Exchange = NASDAQ, Price = $15 - $45, Volume => 1,000,000 share traded. Four (4) companies were up greater than 15%. The stocks are JRJC +19.84%, MLHR +17.46%, TBSI +16.30%, and VRGY +28.03%.

Let us go the tape! You won’t have to go far. Just scroll down to my November 27 articled titled “A day trader’s wish list" or just click on the Forensic Trader Radar (FTR) that follows.
http://spreadsheets.google.com/pub?key=pWDllmclb1SYe-0TrrFOtGQ

What is readily apparent is that 3 of the 4 stocks are displayed on the FTR. I also stated in the body of my post that VRGY was to be watched because of an after hours gap. Can any free or paid service match the precision of the FTR? Is it technicals or tea leaves?

The stocks to watch will published tomorrow before 8 AM eastern standard time based on the closing data of 11/28/2007.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Tuesday, November 27, 2007

A day trader’s wish list

How is life in the day trading occupation going? The equity markets sure have been whipping around. Not a moment to relax as the avalanche steam rolls participants with out mercy. Well, take sometime away from the markets and get some Christmas shopping done early. Some gift ideas are Swiss army watches, Versace pocket books, HP computers, and if you really messed up and need an early gift flowers always work. A blog of cheer, have no fear, forensic is here. A one stop shop for wish list items plus the Forensic Trader Radar (FTR). Where else can a day trader get total satisfaction? Oops, you better not answer that or else the FTD ad down below will really be in your cards.

Speaking of the FTR, see the stocks that were captured by clicking on the below link. New readers should scroll down to older posts to see the criteria used for the selection process. In addition, I will be keeping a watch on MRVL and VRGY because of the earnings announced today caused after hour’s gaps and CREE because of my got.

http://spreadsheets.google.com/pub?key=pWDllmclb1SYe-0TrrFOtGQ

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Monday, November 26, 2007

Official Google Blog: Holiday savings with Google Checkout

Official Google Blog: Holiday savings with Google Checkout

Stocks for sale

The crush of the financial sector caused market participants to squeal like a pig. Who would have thought that on a day known for online shopping the most popular items are stocks for sale. I remember writing on November 3, 2007

“Credit markets still on a slippery slope. Markets nervous, seems a shoe drops weekly, I am hopeful that Cinderella is not a centipede”
http://forensictrader.blogspot.com/2007/11/good-bad-ugly.html

If you are reading what I am saying now then it is imperative you click on the link above and read what I said then. My blog is geared to the active trader however it is also forward looking because it mentions economic events that are festering or sometimes hints of potential stock plays and should not be discounted.

Just finished watching “Mad Money” and Jim Cramer said investors should protect their portfolios from recession, (well he did not say recession, he said the “R” word) with defensive stocks such as Coke, Pepsi, Proctor Gamble, and others. A good idea if your name is Warren, but if you are a Citi, Countrywide, Bear Stearns,or Merrill employee ………………

At this point who wants to risk capital for the long term, only investors who can afford to and employees contributing to 401k plans? Ironically, the contributions amounts were increased and new employees will be defaulted into contributing into their companies plan unless they opt out.

As always keeping real, see the Forensic Trader Radar (FTR) by clicking on the below link.

http://spreadsheets.google.com/pub?key=pWDllmclb1SYVITSeK9-EbA


Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Sunday, November 25, 2007

Daytrading Cyber Monday


Click on the above image for a clear view of the spreadsheet.

Cyber Monday is tomorrow so I decided to publish a list of NASDAQ traded retail stocks that should be of interest to the active trader. Because black Friday was a shortened trading day I eliminated Friday’s volume from the selection process. Instead, I substituted the volume average for one (1) month equal to or greater than 1,000,000. Please see the column highlighted in yellow above. Other stocks exist in the retail sector however since volume is a key indicator a shortened day of trading had to be factored.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Saturday, November 24, 2007

Forensic Trader Radar (FTR)

Using the data from my previous article (see my blog published on 11/23) today I will compare 11/23/07 trading activity versus the closing data of 11/21/07. Let me emphasize, the FTR captures blips that are potential day trading candidates for the following trading day. As always the FTR surface criteria is simply,

Exchange = NASDAQ, Price = $15 - $45, Volume => 1,000,000.

Additionally, my references are specific to daytrading, daytraders, and active traders. Let me begin.

If one were to extract data based on the criteria above for close of trading 11/23/07, the query would match and return fifty six (56) stocks. The highest percentage mover is BIDZ whose percentage gain was +13.88%, a significant move. If one compares my FTR stocks for close of trading 11/21/2007 one would notice the symbol BIDZ is displayed. I also wrote “As I digest the Forensic Trader Radar (FTR) numbers the retail industry stands out more than others”. This is the power of the FTR, even though BIDZ was down -7.84% on 11/21/07 the FTR sensors captured the under currents not visible to average screener. Logically speaking most individuals would have eliminated BIDZ from trading on Friday because the human tendency is to focus on what’s hot and discard what’s not.

So, in a nutshell the FTR identified a stock that had the highest percentage gain the following trading day based on my criteria. If you continue reading my older post you will see a similar pattern. What an advantage to have a tool like the FTR in your arsenal.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Friday, November 23, 2007

Daytrading black Friday

As I digest the Forensic Trader Radar (FTR) numbers the retail industry stands out more than others. Will the American consumer cutback its spending? Should black Friday be the measure of the consumer? May be a fantastic door busting black Friday does not bode well for the Christmas season. That being said, twenty one (21) NASDAQ stocks blipped on the FTR for the close of trading Wed. November 21, 2007. Please click on the below link to view the stocks that are displaying day trading characteristics.

http://spreadsheets.google.com/pub?key=pWDllmclb1SY67rF3IYPqTQ


CROX Closed above its resistance on 11/21/2007 with a plus (+) 0 .33 BIAS.
Resistance = 38.44 Support = 37.79

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Tuesday, November 20, 2007

Turkey brine for the daytrader

As Thanksgiving draws near the turkey becomes more prominent in my thoughts. Even a day trader can’t help but wonder about the bird. Such is the life of a day trader, every holiday or news event sets up the next trade. In an odd way there is a parallel between a thanksgiving turkey and day trader. The similarity is called preparation.

That’s right, turkey brine is to a tasty turkey as volatility is to a daytrader. A good cook knows how to season without tasting, like wise, a good day trader recognizes trends instinctually and sticks to the plan. Once the turkey or trade is prepared timing becomes the key. Do not over cook the bird. Do not over stay your welcome in the trade. Once the turkey is done cooking, sharpen the carving knife like a scalpel and slice up that turkey. Uneaten turkey can be used for other meals. Greed is not good, save your appetite for another day, in other words live to trade another day.

Now the dessert! Forensic Trader Radar (FTR) peach cobbler is on the menu. Click on the below link to see the menu items that may be ready for good eating or trading.

http://spreadsheets.google.com/pub?key=pWDllmclb1SbEViWwUR8BEg

Retailers look tasty and are represented by several entrants like BIDZ, DLTR, GYMB, HIBB and PLCE. Hope black Friday is Good Friday early. What else is on the menu? Hmmm, the communications group should be considered. What big volumes you have said the wolf to the sheep.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Monday, November 19, 2007

Turkey tactics and the day trader blogger

In observance of Thanksgiving I have dedicated this blog to the turkey and tactics that a day trader can exploit. I will start by saying that my spreadsheets enable a day trader to plan his strategy. Some traders are adept at trading on the fly, however that is an extremely difficult task for electronic market participants who trade from the comfort of their homes.

This is the purpose of Forensic Trader – Simply the numbers. It allows a trader to have a plan. First things first, bookmark my blog's URL http://forensictrader.blogspot.com/ and visit daily to see which stocks appear on the Forensic Trader Radar (FTR). Click on the below link to view stocks

http://spreadsheets.google.com/pub?key=pWDllmclb1Sb6-s35qfcMGQ

Understanding the FTR

The FTR selects NASDAQ traded stocks because it has been tuned to the undercurrents of that market. Easily located surface criteria like volume and percentage (%) change are its main focus. FTR also detects ripples that are not captured via normal queries. This may sound absurd but in my opinion FTR has artificial intelligence. Simply by the numbers, FTR knows. In all honesty I am not always able to immediately decipher what the numbers mean. However, daily comparisons during the trading day following my publications usually provide a clear picture of what FTR detected.

For example, on Saturday, 11/17/2007 I wrote that YHOO should be followed. On 11/19/07 Merrill Lynch upgraded to a buy. On 11/17/2007 I said watch the trucking industry and displayed YRCW on the spreadsheet, on 11/19/2007 YRCW traded down 5% from its open price. Furthermore, since trucking was down that was a lead indicator for transportations and the overall negative market sentiment. On 11/14/2007 I said watch CSIQ, on 11/15/2007, they announced a major contract.

Let me say this, either I am very lucky or you guessed it, Forensic Trader – Simply by the numbers. What does this blog have to do with Thanksgiving? Nothing! May be the readers will discuss my blog over turkey and football or possibly search engines will find. LOL.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.

Saturday, November 17, 2007

Forensic Trader Radar (FTR)

The below is the link to the Forensic Trader Radar (FTR) for NASDAQ traded equities based on November 16, 2007 closing data. It can be used by traders to identify potential daytrading candidates on 11/19/2007.

http://spreadsheets.google.com/pub?key=pWDllmclb1Sacf_6QpzuGDw

The symbols shown were selected because they demonstrated characteristics that a day trader can exploit. Most obvious was the negative BIAS for the Trucking industry. Because of a tepid business outlook provided on 11/16/2007 by FedEX, the leader in the trucking industry, the FTR detected blips exhibited by other companies trading in that sector.

Day traders and investors should keep on eye on YHOO because it appeared on the radar screen. YHOO ended the day with a positive BIAS. Swirling rumors seem to bolster its stock price and the volume on a Friday prior to a shortened trading week was impressive, but who knows?

Switching gears, currently, the FTR is pointed at the NASDAQ market only, however its electromagnetic wave capture is just as proficient at sniffing out patterns in other markets. Stay tuned.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias is determined via proprietary calculations and should not be considered buy or sell advise.

Friday, November 16, 2007

About Forensic Trader

The below is an excerpt from my first blog published on Sunday, July 22, 2007, the day Forensic Trader was born!

“Forensic Trader” is a term I coined when referring to the dissecting of stock market daily activity, in particular NASDAQ traded equities. Numereous strategies enable day traders to determine entry and exit points and I am certainly not suggesting they are worthless, but I have come up with a strategy that is simply by the numbers. No love, no hate, no emotion, just simply by the numbers.I figured out how to extract specific data. Using my proprietary calculations with surgical precision I was able to determine with a strong probability values that are relevant for the active trader. Of course past performance is not indicative of future results, however let me say this, do you have a vivid imagination, if you do read on.

Picture this, if DNA can be sequenced, why not data that applies to the stock market. Did I grab your attention? Try this on for size, what if you were able to place numbers under an electronic microscope (excel spreadsheet) to determine their DNA as it applies to the stock market? I have done so which is why I named this blog Forensic trader - Simply by the numbers.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias is determined via proprietary calculations and should not be considered buy or sell advise.

Thursday, November 15, 2007

Daytrader Clues

In the past I have posted clues for stocks based on the previous close of business data. Today I posted alerts for eight (8) NASDAQ traded stocks that displayed pre-market movement that a day trader should attempt to capitalize on. A day trader must be prepared, flexible and adapt to the market's trends at the drop of a dime.

Let us look at one stock. The symbol is CSIQ, a solar play. Its closing price on November 14, 2007 was $14.53. It became a candidate for day trading because of its pre-market action. Specifically, CSIQ volume in the pre-market was approximately 40,000 shares traded. The pre-market high price was $15.29 which was an increase of .76 cents equal to a 5.23% increase in the stock price. Volume and % change should be viewed as significant events to a day trader. The stock traded to a high of $17.45 which was an increase of $2.92 during normal trading hours. Stay tuned to the Forensic Trader – Simply by the numbers for entry and exit strategies.

Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Bias is determined via proprietary calculations and should not be considered buy or sell advise.

Premarket Alerts

Movers with Up Volume, Down % - CRXL , NUAN, GOLD, CLMT, BEAS

Movers with Up Volume, Up % movers - FCSX, INSP, CSIQ


Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Bias is determined via proprietary calculations and should not be considered buy or sell advise.

Wednesday, November 14, 2007

Keeping it Real - Day Trader's Edge

For the close of trading November 13, 2007 FTR captured twenty (24) NASDAQ traded stocks. To repeat, the generic criteria used in the selection process is NASDAQ stocks trading between $15.00 - $45.00 with volume greater than or equal to one million (1,000,000) shares traded. Twenty three (23) stocks closed with a positive bias which could indicate a bullish sentiment. With economical news such as Producer price index, Advanced Retail Sales, Consumer price index, and Empire manufacturing pending, whipsaw volatility is expected to continue in the equity markets. The twenty four (24) NASDAQ traded stocks can be viewed by clicking on the below link.

http://spreadsheets.google.com/pub?key=pWDllmclb1SZwRZCW_aknMA


Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Bias is determined via proprietary calculations and should not be considered buy or sell advise.

Sunday, November 11, 2007

FT Radar

As promised, the below link displays NASDAQ traded stocks captured by the Forensic Trader’s radar (FTR), using the criterion mentioned in my previous blogs. The document can be viewed by clicking on the below link.

http://spreadsheets.google.com/pub?key=pWDllmclb1SZEGCTcEWIDaw

Previous viewers will notice I have excluded the support and resistance columns. Each stock listed exhibits the characteristic for potential scalp trading on 11/12/2007. I have highlighted in yellow two cells under the Bias column. Please note that each stock has a positive or negative bias but I arbitrarily selected two to briefly discuss. It does not mean the two selected are better candidates for day trading.

The following are the reasons for their selection.

ASTI is solar play hence its selection. The stock closed with a negative bias. The support is $18.96 and the resistance is $19.57. Shares outstanding = 10.1 million.

ATHR is a wireless play. The tone surrounding wireless seemed to have shifted with the scrapping of Clearwire / Sprint pact. The stock closed with a positive bias. The support is $31.79 and the resistance is $31.36.

Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Support and Resistance data are proprietary calculations and should not be considered buy or sell advise.

Saturday, November 10, 2007

Volatility Views

Volatility rattled the stock market for the weekending November 9, 2007. Comments from a Chinese official in the early part of the week regarding moving a portion of its reserves from dollar denomination to Euro denomination set the tone. Rumors turned to reality as persistent credit markets woes proved Cinderella is indeed a centipede. The fed chief testimony to congress was viewed by the equity markets as pessimistic and had a recessionary tone according to the media. US import prices for October 2007 were up at its fastest pace in 1 ½ years. A weaker dollar, with oil rising closer to $100.00 each day made retailers feel pain and technology hints of the same.

In changing direction I must give kudos to the top notch CNBC programming. From squawk to closing bell, the crews in front of the camera and behind the scenes leave no stone unturned. Plus, they always have a guest for the situation whose knowledge is remarkable.

Did anyone see/hear the discussion yesterday on CNBC’s “The Call” yesterday?
http://www.cnbc.com/id/15838394/site/14081545/

Dylan’s Ratigan’s commentary about the world “industrializing and westernalizing” being a new phenomena with no measurable metric to compare against was an eye opener. These are my comments:

A weakening dollar may just be suggesting that the scales are being balanced.

Since the US economy is in competition with numerous developing nations demand for a limited resource such as crude will cause the price to spike.

Add to the equation the science of climate change. The facts appear to be indisputable.

Can the development of “renewable energy sources catapult the US back into a leadership position?

Does going green mean seeing red for while and is the US willing to sacrifice luxury for efficiency till the production of alternatives are ramped to levels that are meaningful.

Next blog, Forensic Trader radar (FTR) stay tuned.

Forensic Trader - Copyright © 2007, all rights reserved.

Friday, November 9, 2007

Forensic Trader Notables

Since the beginning of my blog on July 21, 2007 I have attempted to write about events that I believe are of interest to the average individual and did/may/will/have impact the under currents of the stock market. Usually my comments are delivered in a questioning, food for thought, with a blend of humor manner. I believe everyone should have a consciousness about world events so it is my goal to draw attention by glazing over subjects that cause discussions at the job, dinner table, bar, gym, trading floor, academia, and political circles to name a few.

That said, my passion is the stock market so my comments are viewed from a traders perspective. For those that have not followed from the beginning, Forensic Trader is a term I coined when referring to the dissecting of stock market daily activity, in particular NASDAQ traded equities. Speaking of coined, let me list several notable words or phrases used frequently in the financial circles in reference to equity markets that I must take credit for. I coined coined. (lol)

To catch a falling knife. – Attempting to pick the bottom when a stock or stock market is down trending.

Naysayer(s) – An individual or entity that constantly makes negative comments about a publicly traded company, its products or business model. A naysayer can be right or wrong.

Perfect storm – A convergence of several factors such as events, needs and news combined with frenzied buying or selling by market participants.

First time readers if you have read this far then continue reading my comments from earlier blogs. The Good, The Bad, The Ugly, pieced penned on November 3, 2007 was extremely prophetic particularly the shoe dropping weekly comment in reference to the credit markets. While you do that let me see what is caught in the Forensic Trader – Simply by the numbers filter. (To view previous blogs click on this link Older Posts or select the Archive feature at the bottom of this page)

God bless all the Arms services and Veterans and I appreciate the sacrifice.


Forensic Trader - Copyright © 2007, all rights reserved.

Tuesday, November 6, 2007

Simply by the numbers

As you can see from the graphic displayed on Sunday, November 4, 2007 twenty one (21) NASDAQ traded stocks appear to be candidates for day trading on Monday, November 5, 2007. The forensic trader’s radar (FTR) captured blips from the closing price and other factors on Friday, November 2, 2007. On the surface the spreadsheet appears to be like many displayed on other sites except for the bias column. It would require a lot typing to explain each symbol so I will make our lives easier by selecting one stock as the guinea pig. The symbol chosen for dissecting is VRTX. You will notice VRTX closed down 8.66% on November 2, 2007, however according to the spreadsheet VRTX closed with a positive bias (+) . Keeping it short and sweet, how could that be? How can I say this? “Forensic Trader – Simply by the numbers”. FTR sniffed out the fumes exhausted by the stock simply by questioning the negative percentage change versus a positive bias. FTR thought that it was peculiar hence its selection.

Now let me dissect the trading action for VRTX on Monday, November 5, 2007. VRTX opened at $25.97, below the resistance of $ 28.26, immediately was down $2.93
(-10.1384%) and hit a low $22.92 before bouncing of its low. The question remains, how would a day trader recognize the entry and exit points. That by far is the most difficult part of day trading made easier by the FT proprietary tools that will some day be available for those that are interested.

Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Support and Resistance data are proprietary calculations and should not be considered buy or sell advise.

Sunday, November 4, 2007

Daytrading Edge


Click on the above graphic for a clear view.
First time readers please take some time and read my previous articles to get an understanding of Forensic Trader – Simply by the numbers. My initial blog on 7/21/2007 explains the basics of the forensic trader. I have tweaked the above spreadsheet by adding the column titled “Bias”. Readers will notice, at times, a stock's last price on 11/2/2007 may have closed up for the day but sports a negative bias indicated by a minus sign (–). Conversely, a stock may have closed down for the day on 11/2/2007 but displays a positive bias indicated by a plus sign (+).

In my opinion, using the bias column, the support and resistance numbers, along with time constraints and tight stops could provide a day trading edge required for profit. Let me emphasize that the forensic trader’s proprietary radar captures number vapors based on accounting principles. Trading the listed stocks could benefit the active market participant if that individual or entity is inclined to day trade. As usual past performance is not indicative of future results.

Forensic Trader - Copyright © 2007, all rights reserved.

Please note the numbers are assumed accurate and are solely for informational purposes. Users are responsible for verifying Volume, Symbol, and Close data. Support and Resistance data are proprietary calculations and should not be considered buy or sell advise.

Saturday, November 3, 2007

"The Good, The Bad, The Ugly"

I pondered how to organize my thoughts for the weekending 11/2/07. I am interrupted by spaghetti western music in my head. I analyze then realize that equity markets events are like ocean waves, the ripples beneath the surface causing the ebb and flow, see below.

The Good
- Gross domestic product (GDP) rose at a 3.9% clip for the third quarter.
- Employment numbers were surprisingly strong with 160,000 jobs created.
- The fed cut interest rates by a quarter point.
- Senate subcommittee approved climate legislation by Senators Joe Lieberman, I-Conn, and John Warner, R-Va.
- An environmentalist conscious company called Ambient Corp (ABTG) continues to receive funding even when its price per share has plummeted to almost nano vicinity. See
http://www.ambientcorp.com/
- The global economy is booming according to the pundits.

The Bad
- Credit markets still on a slippery slope. Markets nervous, seems a shoe drops weekly, I am hopeful that Cinderella is not a centipede.
- Crude oil moved past $96.00 a barrel.
- Gold moved past $800.00 an ounce.
- Is the real moral hazard called ethanol?
- Wal-Mart price cuts and early shopping hours has not caused frenzied shopping as in prior years thus far.
- Costco lines seemed shorter my child observed.
- Wars in the middle, floods in the tropics, drought in the south, fires in the west, Noel to the east.

The Ugly
- Halloween seemed gloomier than usual as a super bug called MIRSA (staph infection) prevented candy exchange at the doors for sure.
- Are plastics contaminated with lead toxins making people ill? Has production quality changed? Did our testing suddenly get better?
- E-coli becoming immersed in our economy like e-commerce e-file, e-trade, and e-bay.
- Carbon consumption is making our planet sick it is said. “Is green the alternative, to the plague being spread by man, to save our land from destruction, oh what a plan?”

Trader blips captured by the Forensic Trader's radar to be blogged on 11/4/2007.

Forensic Trader - Copyright © 2007, all rights reserved