MarketWatch.com - Pre-Market Indications

Wednesday, April 2, 2008

IMF says we are SCREWED

The International Monetary fund has slashed odds that the world is facing a financial recession and admits that the U.S. is in its worst economic crisis since the Great Depression, as the body revised forecasts for economic slowdown.

The Washington-based lender gave a 25 percent chance that global growth will drop to 3 percent or less this year or next, a figure described s equivalent to a global recession.





The forecast marks the third time the IMF has reduced projections for economic growth since July, with chances of a harsh global recession becoming increasingly likely.

"The financial shock that originated in the U.S. subprime mortgage market in August 2007 has spread quickly, and in unanticipated ways, to inflict extensive damage on markets and institutions at the core of the financial system,” the statement said. "The global expansion is losing momentum in the face of what has become the largest financial crisis in the United States since the Great Depression,” states the report.

"The IMF’s forecast is now below the world economy’s longer- term trend so there is certainly some significance in what it is now seeing,” said Andy Cates, a global economist at UBS in London told Bloomberg News. "The world economy is slowing quite considerably and will be very different from what we’ve become accustomed to.”

Roger Nightingale, global strategist at Pointon York Ltd. in London, said the IMF were behind the curve in only just beginning to discuss what is already unfolding.

"The IMF only really forecasts these things after they’ve begun,” he told Bloomberg Television. "You’ve got America, Italy and several other European countries and one or two Asian countries, actually in or very close to recession, and yet the IMF just now begins to talk about this phenomenon."

The IMF’s prediction follows a report by the Congressional Budget Office in Washington, which suggests that "In the fiscal year starting in October, 28 million people in the US will be using government food stamps to buy essential groceries, the highest level since the food assistance programme was introduced in the 1960s."

A story about the dismal forecast by the London Independent entitled, USA 2008: The Great Depression, describes how getting food on the table "is a challenge many Americans are finding harder to meet."


full article

Iranian oil bourse

Although opening the oil bourse was delayed from the original date of March 2006, during 2007, Iran had been asking its petroleum customers to pay in non-dollar currencies. On December 8, 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies. [8] The Kish Bourse was officially opened in a video conference ceremony on February the 17th 2008, despite last minute disruptions to the internet services to the gulf regions. Currently the Kish Bourse is only trading in oil derived products, generally those used as feedstock for the plastics and pharmaceutical industries. However officially published statements by Oil Minister Gholamhossein Nozari indicate that the second phase, to establish trading in crude oil directly, which has been suggested might one day perhaps create a "Caspian Crude" benchmark price analogous to Brent Crude or WTI will only be started after the Bourse has demonstrated a reasonable period of trouble free running. [9]


Iranian oil bourse - Wikipedia, the free encyclopedia

Morgellons Cure

Have a Bath with Sun powdered laundry detergent with Colorsafe Bleach
PLUS Alfalfa tablets.

These seem to combine to produce something that is lethal to the
machines. This cure for Morgellons disease was discovered by
accident.

This testimonial is from the person who discovered this cure: (Daisy
Baleen) Posted on Health and Healing @ Yahoogroups. com

I have been Morgellons sufferer for over ten years. Recently, I
discovered, quite by accident, something that is literally making it
disappear from my BODY. I have experimented with various "super
baths," filling the tub with hot water and putting in things like
lemons, baking soda, dish detergent, laundry detergent, alcohol, etc.
Well, one day about four months ago, I was filling the bath and I was
pretty dirty from housecleaning so I put some Sun powdered laundry
detergent with colorsafe bleach into the water, just a tad, because it
really cleans the skin.

Anyway, I left the bathroom for a minute or two and heard a crash
that sounded like one of my cats getting into something. When I
returned nothing seemed amiss, so I slid into the water for a soak.

Everything seemed normal until the bubbles parted, and I got the
sight of a morgellons sufferers lifetime dream: those black and
grey specks MIGRATING OUT OF MY SKIN AS FAST AS THEY COULD IN DROVES
BY THE HUNDREDS FROM EVERY SQUARE INCH OF MY BODY!!

And even as I saw that, I also noticed several large oblong things
"dissolving" in the bottom of the tub. I picked one up, and it was an
alfalfa tablet. Then I noticed the bottle on the counter next to the
tub was overturned, and about 25 of them had fallen into the water!
They were the cause of the migration of all things Morgellon out of my
skin in a fantastic migration for about an hour!

Brown flecks, black specks, fibers, white patches of fibers drifted
off the surface of my skin like No Problema, see ya later, something I
had NEVER BEEN ABLE TO ACCOMPLISH WITH ANY OTHER TOPICAL AGENT.

THE MIGHTY ALFALFA HAS SINCE CONQUERED MORGELLONS IN MY BODY. The
scabs are gone, the fibers are history, the patches of fibers are all
taped to a piece of wax paper and about to be sent off to a research
lab that has requested them.

I am sending you my testimonial in hopes that other sufferers will at
least know some relief from the scourge of the skin.


I have done a little research on the mighty alfalfa, and apparently
it creates an alkaline environment in the body in which things like
CANCER and other diseases cannot survive. So, taking it internally can
only be a good thing, also; but its the BATHS that made all the
difference in the world for me.



full article
Simple cure claimed for Morgellons Disease

i have read about alfalfa curing morgellons before. it is worth a try along with mms. -st0ckman

Pre Market Trading Indications

Gapping up in reaction to strong earnings/guidance: BBY +6.7%, BLUD +5.9%, EXFO +4.9%, KMX +3.1%...

Solar stocks showing strength with select co specific news out: CSUN +4.1%, TSL +3.8% (announced that the co has signed a long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology Holdings), EMKR +3.2%, SOLF +2.8%, EMKR +1.9% (receives $4.6 mln follow-on order for concentrator solar cell receiver assemblies from Concentration Solar la Mancha), STP +1.6% (to supply 4MW of modules to 'leading' Italian PV system developer Enerray), ESLR +1.0%...

Select gold stocks showing strength with higher spot prices
: GOLD +4.4%, IAG +4.3%, AU +1.7%, ABX +1.4%, GLD +1.3%, GFI +1.1%...

Other news: TKO +19.8% (awarded exclusive 2-yr contract for hospitality energy efficiency program), SVA +14.9% (receives China State Food and Drug Administration approval for pandemic influenza H5N1 vaccine), CPST +7.0% (receives HEV bus order for $5 mln from DesignLine International), NCC +5.6% (in talks with KeyCorp - WSJ), CC +3.6% (up in sympathy with BBY), KKD +3.2% (seeks amendments to credit facilities), AMAT +2.6% (Cramer makes positive comments on MadMoney), FIC +2.2% (announces reengineering plan; expects to reduce cost structure by $100 mln, yield annual pre-tax savings of $35 mln and a Q2 charge of $7 mln), NOK +2.1% (still checking), CVTX +2.1% (announces Ranexa significantly reduces cardiac chest pain symptoms and recurrent ischemia in merlin-timi 36 patients with angina), BCE +2.0% (BCE deal will proceed as planned, adviser says - Globe and Mail), AER +2.0% (announced its subsidiary AeroTurbine entered into a ten year component lease agreement signed between British Airways and AeroTurbine), SIRT +1.8% (receives orphan drug designation from FDA for Resveratrol in Mitochondrial Disorder, MELAS syndrome), STM +1.5% (announces its Board has authorized the co repurchase up to 30 mln common shares), NBR +1.5% (Cramer makes positive comments on MadMoney)...

Analyst upgrades
: VRUS +6.1% (upgraded to Buy at UBS), VIP +3.0% (upgraded to Buy at tier 1 firm), HRS +1.3% (initiated with Buy at UBS).

NYSE Arca Morning Update

NYSE Arca Morning Update for Wednesday, Apr 2, 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
Tuesday's Close Current Price Pct Chng Current NYSE Arca Vol
LOJN

$12.73

$9.57

( 25%)

250

MEDX

$9.32

$7.80

( 16%)

45,515

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
$429,104,546
QQQQ
$53,666,978
IWM
$34,799,741
AAPL
$32,645,554
BBY
$18,144,802
RDS.A
$9,154,863
RIMM
$5,365,243
XLF
$5,001,646
BHP
$4,839,770
GLD
$4,618,366
Stock
Share Volume
SPY
3,131,829
QQQQ
1,173,954
IWM
490,147
BBY
389,183
AAPL
218,868
XLF
185,440
C
140,940
NOK
134,920
RDS.A
132,500
CTIC
127,009


NYSE Arca Morning Update

Pre Market Trading - Gaps

Gapping up:

KMX +5.7%, EXFO +4.9%, BLUD +4.9%, GOLD +4.4%, CS +2.6%, NOK +2.1%, CVTX +2.1%, BCE +2.0%, BCS +2.0%, NBR +1.5%, GLD +1.3%, AMAT +1.0%...

Gapping down:

LOJN -25.0%, PFB -23.3%, DEEP -15.9%, ISTA -15.5%, CHRD -13.7%, MEDX -8.8%, ONT -5.8%, PAY -4.9%, BOBE -4.1%, NUE -3.1%, CROX -2.3%, PFE -1.1%, MER -1.1%.

Pre-Market Most Active Stocks - NASDAQ Premarket


NASDAQ - Pre-Market Ten Most Advanced

Active Share Volume Declined

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Immucor, Inc.
$23.60 $25.20 6.78% 5,012

Capstone Turbine Corporation
$2.30 $2.45 6.52% 33,105

Randgold Resources Limited
$44.59 $46.49 4.26% 15,422

EMCORE Corporation
$5.90 $6.09 3.22% 6,910

Solarfun Power Holdings Co., Ltd.
$12.31 $12.60 2.35% 3,650

Applied Materials, Inc.
$20.10 $20.54 2.19% 15,341

Garmin Ltd.
$54.85 $56 2.10% 5,320

Sirtris Pharmaceuticals, Inc.
$13.85 $14.10 1.81% 6,000

Research in Motion Limited
$117.48 $119.50 1.72% 59,922

Tellabs, Inc.
$5.48 $5.56 1.46% 3,000

As of 4/2/2008 8:14:09 AM

NASDAQ - Pre-Market Ten Most Declined

Active Share Volume Advanced

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Medarex, Inc.
$9.32 $7.93 14.91% 60,425

lululemon athletica inc.
$31.57 $29 8.14% 13,415

Crocs, Inc.
$17.33 $16.92 2.37% 35,804

LM Ericsson Telephone Company
$20.37 $20.13 1.18% 6,950

Acergy S.A.
$22.61 $22.48 0.57% 6,000

Intel Corporation
$21.97 $21.90 0.32% 8,900

Apple Inc.
$149.53 $149.09 0.29% 206,982

Oracle Corporation
$20.41 $20.36 0.24% 3,058

E*TRADE Financial Corporation
$4.20 $4.19 0.24% 9,040

Baidu.com, Inc.
$273.25 $273 0.09% 11,257

As of 4/2/2008 8:14:54 AM



Pre-Market Most Active Stocks - NASDAQ Premarket

Pre Market Movers - Futures Trading - Nasdaq - NYSE

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