Friday, February 1, 2008

US Investigators Praise Cannabinoids As Chemo Treatment - NORML

Investigators at the University of Wisconsin School of Medicine and Public Health reported that the administration of cannabinoids halts the spread of a wide range of cancers, including brain cancer, prostate cancer, breast cancer, lung cancer, skin cancer, pancreatic cancer, and lymphoma. Researchers suggested that cannabinoids may offer significant advantages over standard chemotherapy treatments because the compounds are both non-toxic and can uniquely target malignant cells while ignoring healthy ones.

"Cannabinoids … offer potential applications as anti-tumor drugs, based on the ability of some members of this class to limit inflammation, cell proliferation, and cell survival," authors concluded. "[T]here is overwhelming evidence to suggest that cannabinoids can be explored as chemotherapeutic agents for the treatment of cancer."

YouTube.com Yahoo Follow Up. Covered Short Gap Trade. Day Trading/Trader

follow up video of profitable trade, yhoo short. clip of rage against the machine in front of the new york stock exchange at the end. RATM, Sleep now in the fire -"Jesus blessed me with His future, I protect it with fire!" -st0ckman

The Associated Press: CDC Pins Name on Slaughterhouse Illness

Slaughterhouse Illness

The Centers for Disease Control and Prevention issued a report Thursday summarizing the investigation so far that gives the condition a name — progressive inflammatory neuropathy.

Minnesota officials said they were broadening their investigation to thousands of former employees at the Quality Pork Processors Inc. plant in Austin, going back a decade to when a powerful compressed air system was installed to remove brain tissue from pig heads.

Investigators have been trying to determine whether pig brain tissue, sprayed into the air as droplets during removal by the compressed air system, was inhaled by workers and made them sick.

If further investigation proves their theories true, they will have identified a rare, new condition that could shed light on a whole family of poorly understood disorders in which the body's immune system attacks the nerves or the sheath that surrounds them, the Star Tribune reported.

Print Historical Price Chart for INTERACTIVE WEEK INTERNET INDEX (IIX) - MSN Money

INTERACTIVE WEEK INTERNET INDEX (IIX)

209.36

+2.15 +1.04%
Open: 207.21 High: 212.63 Low: 207.21
Previous Close: 207.21 Volume: unch
Eastern Time

-iix internet index is still above it's open and could be basing here, iix is in black. yhoo msft trading in tandem. moving buy stop market order(stop loss) to 27.85 for entire position. *do not trade on this** -st0ckman

YHOO - Stock Quote for Yahoo! Inc - MSN Money

27.77 +8.59 +44.79%fyi

Previous Close	19.18	Bid/Tick	27.77
fyi Open	28.68	Bid Size	8,900
Day's High	29.83	Ask	27.78
Day's Low	27.34	Ask Size	10,100
Volume	280.34 Mil	52 Week Range	20.07-34.08

YHOO Intraday Chart

5d 1m 3m 1y 3y 5y 10y

Avg. Daily Volume	31.40 Mil
Dividend Ex. Date	NA
Dividend Payable Date	NA
fyi P/E	40.80
Forward P/E	38.60
Earnings/Share	0.47
Return on Equity	7.06
Current Dividend Yield	NA

Financial data in U.S. dollars

Your latest quotes: YHOO, MSFT

-moving stop loss order to 28.02 for entire position due to the morning almost being over. this will be at least 1 point winner if filled. -st0ckman

Chart for MSFT - FreeRealTime.com

MSFT - Microsoft Corporation (NASDAQ GS)

10:29 AM ET, 2/1/2008

msft and yahoo trading in tandem. looks like we can have a huge winner on MY hands. do not trade on this information alone. this is not a recommendation to trade. -st0ckman

YHOO - Stock Quote for Yahoo! Inc - MSN Money

View delayed quoteYHOO quote - Time of last sale: 10:34:02 AM Eastern

27.83 +8.65 +45.10%fyi

Previous Close	19.18	Bid/Tick	27.83
fyi Open	28.68	Bid Size	5,400
Day's High	29.83	Ask	27.84
Day's Low	27.77	Ask Size	13,200
Volume	234.39 Mil	52 Week Range	20.07-34.08

-added to yahoo short, fell below the figure (28)
have to watch out now for the sharp morning reversal.
this is not a recommendation for you, the market is moving to fast. -st0ckman

YHOO - Stock Quote for Yahoo! Inc - MSN Money

View delayed quoteYHOO quote - Time of last sale: 9:55:25 AM Eastern

28.59 +9.41 +49.06%fyi

Previous Close	19.18	Bid/Tick	28.58
fyi Open	28.68	Bid Size	7,100
Day's High	29.83	Ask	28.57
Day's Low	28.37	Ask Size	4,900
Volume	153.10 Mil	52 Week Range	20.07-34.08

-if yhoo goes below 28 i will add shorts to the position. i am also placing a buy stop market order(stop loss) on yahoo at 29.10. i am getting antsy as it is almost 10 am and we have not seen a drop off from the open on yhoo yet. ** this is not a recommendation for you, there is to much risk. -st0ckman

MSFT - Stock Quote for Microsoft Corp - MSN Money

View delayed quoteMSFT quote - Time of last sale: 9:43:23 AM Eastern

30.90 -1.70 -5.21%

Previous Close	32.60	Bid/Tick	30.89
fyi Open	31.06	Bid Size	6,000
Day's High	31.45	Ask	30.90
Day's Low	30.85	Ask Size	13,800
Volume	51.57 Mil	52 Week Range	26.60-37.50

msft making new lows, yhoo should follow suit.
might be time to add more shorts to yhoo. *not a recommendation for you to trade.*
-st0ckman

YouTube - st0ckman's Channel

YouTube - st0ckman's Channel

my live trade of yahoo, yhoo short on a gap up fade.
uploaded 920 am est please give a few minutes for youtube to process.

***this is not a recommendation to buy or sell, just exposure of the market makers selling stock they don't have in inventory(shorting the stock to the street). to many variables go into trading and you should always check with your financial adviser before trading. -st0ckman ****

NYSE Arca Morning Update

NYSE Arca Morning Update for Friday, Feb 1, 2008 :

Stocks trading on NYSE Arca at a price more than 15% away from the previous trade day's consolidated close price. (As of 08:30:00 ET)

Stock	Thursday's Close	Current Price	Pct Chng	Current NYSE Arca Vol
YHOO	$19.14	$29.45	54%	10,522,331
AIRT	$9.59	$11.50	20%	12,930
SCA	$3.19	$3.81	19%	13,650
MBI	$14.79	$17.44	18%	111,685
ABK	$11.64	$13.68	18%	72,715
ISRG	$253.75	$294.41	16%	20,250
SIMO	$15.49	$17.91	16%	10,507

10 Most Active stocks on NYSE Arca as of 08:30:00 ET

Based on Dollar Volume:

Based on Share Volume:

Stock	Dollar Volume
SPY	$627,435,701
YHOO	$317,077,114
QQQQ	$128,824,186
MSFT	$109,094,557
IWM	$80,673,089
GOOG	$77,687,186
BHP	$19,067,762
AAPL	$17,070,334
BIDU	$14,221,453
XOM	$10,394,471

Stock	Share Volume
YHOO	10,522,331
SPY	4,508,779
MSFT	3,515,394
QQQQ	2,809,751
IWM	1,118,015
BHP	255,253
MOT	244,105
ETFC	206,455
XLF	175,200
TWX	162,474

-not a recommendation for you to trade but i am looking to fade the gap up on yahoo this morning. i will consider shorting premarket and adding to the position if yahoo trades below opening price. i will also keep an eye on msft as the stocks will trade in tandem. this is not a recommendation to buy or sell to many things go into a trade and you must check with your broker before trading. -st0ckman

24/7 Wall St.

Top 10 Pre-Market Analyst Calls (ADBL, GOOG, LOW, MXIM, MEDX, MS, MOT, OI, TIVO, DIS)

Below are ten of the top analysts calls that247WallSt.com is looking at this morning:

Audible (NASDAQ: ADBL) downgraded to Hold from Buy at Citigroup.
Google (NASDAQ: GOOG) downgraded to Hold from Buy at Jefferies.
Lowe's (NYSE: LOW) downgraded to Hold from Buy at Citigroup.
Maxim Integrated (NASDAQ: MXIM) downgraded to Hold from Buy at Jefferies.
Medarex (NASDAQ: MEDX) raised to Neutral from Sell at Banc of America.
Morgan Stanley (NYSE: MS) downgraded to Neutral from Buy at Goldman Sachs.
Motorola (NYSE: MOT) raised to Buy at Citigroup.
Owens-Illinois (NYSEO: OI) raised to Buy from Hold at Deutsche Bank.
TiVo (NASDAQ: TIVO) downgraded to Underperform from Market Perform at FBR.
Walt Disney (NYSE: DIS) raised to Outperform from Market Perform at Oppenheimer.

A Big Win For Yahoo! Shareholders, Microsoft (MSFT) Makes A Bid

It is the best news that Yahoo! (YHOO) investors have had in years. Microsoft (MSFT) has offered to buy the company for $31 representing a total equity value of approximately $44.6 billion. Yahoo! trades for $19.18.

The proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.

With Yahoo!'s latest earnings showing revenue moving up less than 10% and operating income actually falling its shareholders are getting more than they could ever have bargained for. A slowing ad market is likely to take its shares down further.

The bid is a sign that a turnaround for Yahoo!'s new management is a long way off. If Wall St. believed in their current plan, Microsoft would have a hard time making the offer.

A buy-out of Yahoo! would be a coup for Microsoft and its MSN operation. According to comScore, Yahoo! still has more unique users than Google. MSN and Yahoo! together would have about 35% of the search market. Google has over 50%, but separately the other two companies had no chance to catch it They may now.

MSFT will probably fire another 3,000 to 4,000 people at Yahoo!. That would make the deal very profitable for Redmond. If it sells Yahoo! Japan and the portal's piece of China e-commerce company Alibaba it can cut the purchase price by about $10 a share.

-yahoo could be a short, more to come later before the open. -st0ckman