DAY MARKETS

M O N D A Y E V E N I N G E X T R E M E M A R K E T SINO.com, Trusted By Traders the World Over http://www.ino.com/Do You Want to Easily Earn Between 5% - 8% Per Month On Only 2 – 3 Limited Risk, High Probability Option Trades?If the answer is yes, then keep reading to find out how you canimmediately begin to earn 5% - 8% per month on average trading myrevolutionary CCS – Option Spread Strategy.http://www.ino.com/specials/134682/smarttrading/creditstrategy.html_____________________________________________________________________E X T R E M E M A R K E T C O M M E N T A R Y_____________________________________________________________________The STOCK INDEXES http://quotes.ino.com/exchanges/?c=indexesGENERAL STOCK MARKET COMMENT: The U.S. stock indexes closed sharply lower today and were close to record one-day losses amid the latest developments on Capitol Hill, in which the House voted down the financial sector bailout package. That was very bearish for stocks today. Bears still have the solid near-term technical advantage in the stock indexes and gained more power today. Look for any rallies in the stock indexes to be selling opportunities in the near term.*********************************************************************Have you heard of ValueForum?---------------------------------------------------------------------ValueForum is the premier online investment discussion and collaborationcommunity for serious value and income investors. With over 125discussion topics, a stock ratings system with over 1000 rated stocks,quarterly and year-long stock picking contests, group polls, sharedportfolios, a group calendar system, and other online collaborationtools, membership at VF lets you tap into a stream of investment ideasand discussions from extraordinarily sharp individual investors justlike yourself, and test your own ideas against peer review by thecommunity.http://www.valueforum.com/ino/"This is the most knowledgeable group I've ever been associated with (23years). It is also the most unselfish and there is never any namecalling or putting members down. ValueForum has helped me be verysuccessful."Take time and analyze the members and posts within ValueForum:http://www.valueforum.com/ino/^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^_____________________________________________________________________INTEREST RATES http://quotes.ino.com/exchanges/?c=interestDecember U.S. T-Bonds closed up 2 19/32 120 1/32 today. Prices closed near the session high today on a major flight to quality amid the financial crisis that is not getting any better. My bias is still the financial market turmoil will continue to produce a flight to quality into Treasuries. ENERGY MARKETS http://quotes.ino.com/exchanges/?c=energy ENERGIES: November crude oil closed down $11.41 at $95.48 a barrel today. Prices closed near the session low today as traders focused on a world economic slowdown and a failed House passage of the U.S. financial bailout plan. The next upside price objective for the crude oil bulls is to produce a close above what is now major psychological resistance at $100.00. November heating oil closed down 2,486 points at $2.7688 today. Prices closed near the session low today. Bears gained momentum today. The bulls' next upside price objective is closing prices above solid technical resistance at $3.0000. November (RBOB) unleaded gasoline closed down 2,729 points at $2.3422 today. Prices closed near the session low today. Chart damage was inflicted today. The next upside price objective for the bulls is closing prices above solid technical resistance at $2.5000. November natural gas closed down 44.4 cents at $7.184 today. Prices closed near the session low and hit a fresh contract low today. Prices also saw a bearish downside "breakout" from a sideways trading range at lower price levels. Bears remain in technical control of nat gas and gained more power today. CURRENCIESCURRENCIES: The December Euro currency closed down 154 points at 1.4468 today. Prices closed near mid-range today on more profit taking. Bulls have faded. The December Japanese yen closed up 173 points at .9676 today. Prices closed nearer the session high today and closed at a fresh four-month high close. Bulls today regained fresh upside near-term technical momentum today. A five-week-old uptrend is still in place on the daily bar chart. The December Swiss franc closed up 15 points at .9237 today. Prices closed nearer the session high today. Bulls and bears are on a level near-term technical playing field. The December Canadian dollar closed down 101 points at .9598 today. Prices closed near the session low today on profit-taking pressure and long liquidation. Bulls faded a bit today and need to show fresh power soon. The December British pound closed down 305 points at 1.8076 today. Prices closed nearer the session low today as bears have regained downside near-term technical momentum. A three-week-old uptrend on the daily bar chart was negated today. The December U.S. dollar index closed up 65 points at 77.70 today. Prices closed near mid-range. Bulls are clawing their way back but still need to show more power soon. NEW! INO TV - http://tv.ino.com/ - Watch From Your Computer - Avoiding Common Trading Pitfalls by Mark Cook. In this fast-paced video, trading champion Mark Cook shares his ideas for making winning trades. As the first place finisher in the options division of the U.S. Investing Championship, Mark credits research, planning and an attention to detail for his astounding 536% return. http://tv.ino.com/PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals METALS: December gold futures closed up $25.00 at $913.50 today. Prices closed nearer the session high today and hit a fresh two-month high today amid the financial market uncertainty that only seems to be getting more uncertain. Gold bulls still have upside near-term technical momentum on their side and gained more power today.December silver futures closed down 32.3 cents at $13.18 an ounce today. Prices closed near mid-range. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. December N.Y. copper closed down 1,965 points at 287.80 cents today. Prices closed near the session low and hit a fresh 18-month low today. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. Prices today also saw a bearish downside "breakout" from a trading range on the daily chart. FOOD & FIBER http://quotes.ino.com/exchanges/?c=foodSOFTS: October sugar closed down 35 points at 12.75 cents today. Prices closed near mid-range and were pressured on profit taking from recent strong gains that saw prices Friday hit a fresh four-week high. Bearishly postured "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--also weighed on the sugar market today. December coffee closed down 385 points at 130.30 cents today. Prices closed near the session low today and hit a fresh 13-month low as significant chart damage was inflicted. Bearishly postured "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--also weighed on the coffee market today. Coffee bears have the near-term technical advantage and gained more momentum today. December cocoa closed down $191 at $2,552 today. Prices closed near the session low today on profit-taking pressure and long liquidation from recent gains. Bearishly postured "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--also weighed on the cocoa market today. Chart damage was inflicted today and the bulls faded badly. December cotton closed down the limit of 300 points at 57.38 cents today. Prices hit a fresh contract low today as more serious chart damage was inflicted. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. Cotton bears have the solid near-term technical advantage and gained more power today. November orange juice closed down 390 points at $.8660. Prices closed nearer the session low today and set a fresh contract low. The recent "collapse in volatility" made me suspect a bigger price move was on the horizon, and it occurred with today's downside price action. Bears are still in technical control as prices are in a 2.5-month-old downtrend on the daily bar chart. November lumber futures closed down $7.70 at $203.80 today. Prices closed near the session low today and hit a fresh contract low, amid the financial market meltdown. Lumber bears still have the near-term technical advantage and gained more power today. GRAINS http://quotes.ino.com/exchanges/?c=grainsGRAINS: December corn futures closed down the 30-cent trading limit at $5.13 today. Prices hit a fresh six-week low and closed at a fresh eight-month low close. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. Serious near-term chart damage was inflicted today as prices saw a downside breakout from a four-week-old sideways trading range on the daily bar chart. Traders are awaiting Tuesday morning's USDA supply and demand report. November soybeans closed down the 70-cent trading limit at $10.94 today. Prices hit a fresh six-month low today. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. Serious near-term chart damage was inflicted today. Prices are still in an 11-week-old downtrend on the daily bar chart. Traders are awaiting Tuesday morning's USDA supply and demand report. December soybean meal closed down $19.30 at $301.40 today. Prices closed near the session low and hit a fresh 4.5-month low today. Serious near-term chart damage was inflicted in meal today. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. December bean oil closed down the 250-point trading limit at 45.43 cents today. Bean oil prices are still in a 3.5-month-old downtrend on the daily bar chart. Bears still have the near-term technical advantage and gained more power today. December Chicago SRW wheat closed down 48 cents at $6.68 today. Prices closed near the session low today and hit a fresh 12-month low. More serious chart damage was inflicted today. The wheat bears have the near-term technical advantage and gained more power today. Bearish "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--pressured the market today. Traders are awaiting Tuesday morning's USDA supply and demand report. LIVESTOCK http://quotes.ino.com/exchanges/?c=livestockLIVESTOCK: December live cattle closed down $2.85 at $99.95 today. Prices gapped sharply lower on the daily bar chart, closed near the session low and hit a fresh eight-month low today. Bearishly postured "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--weighed on the cattle market today. Serious near-term technical damage was inflicted today, amid global recession worries. November feeder cattle closed down the $3.00 limit at $102.57 today. Prices gapped sharply lower on the daily bar chart and hit a fresh contract low today. More serious chart damage occurred today. Bears have the solid near-term technical advantage. Prices today saw a bearish downside breakout from a bearish symmetrical triangle pattern on the daily bar chart. December lean hogs closed down $1.00 at $65.05 today. Prices closed nearer the session high. Limit down corn prices and bearishly postured "outside markets"--sharply lower crude oil prices and a stronger U.S. dollar--weighed on the hog futures market today. Hog bears still have the technical advantage. A bearish broadening pattern has formed on the daily bar chart. February pork bellies closed down $2.92 at $96.75 today. Prices closed near the session low on profit taking and long liquidation. The next upside price objective for the bulls is closing prices above solid technical resistance at last week's high of $100.22. ____________________________________________________________________________E X T R E M E F U T U R E S____________________________________________________________________________Updated every 10 minutes around the clock.More at http://quotes.ino.com/analysis/extremes/futures/WINNERSNZ.Z08 30 YEAR INT RATE SWAP Dec 2008 124.046875 4.359375 +3.64BCX.U09 CBOT SOYBEAN CRUSH INDEX Sep 2009 75.75 2.25 +3.06US.Z08 T-BONDS Dec 2008 119.781250 2.343750 +2.00NI.Z08 10 YEAR INT RATE SWAP Dec 2008 113.828125 2.093750 +1.87JY.Y$$ JAPANESE YEN Cash 0.009589 0.000159 +1.69TY.Z08 10 YEAR T-NOTES Dec 2008 116.56250 1.75000 +1.52FV.Z08 5 YEAR T-NOTES Dec 2008 113.50000 1.34375 +1.20GC.Z08 GOLD Dec 2008 894.4 5.9 +0.66TU.Z08 2 YEAR T-NOTES Dec 2008 107.351563 0.687500 +0.64ED.M10 EURODOLLAR Jun 2010 96.535 0.500 +0.52LOSERSCL.X08 CRUDE OIL Nov 2008 96.37 -10.52 -9.92RB.X08 RBOB GASOLINE Nov 2008 2.3615 -0.2536 -9.90ND.Z08 NASDAQ 100 INDEX Dec 2008 1512.00 -162.75 -9.72GI.V08 S&P GSCI COMMODITY INDEX Oct 2008 603.5 -54.8 -8.32MD.H09 S&P MIDCAP 400 INDEX Mar 2009 700.0 -59.9 -7.88SP.H09 S&P 500 INDEX Mar 2009 1120.7 -96.0 -7.87HO.X08 HEATING OIL Nov 2008 2.7885 -0.2289 -7.66NK.Z08 NIKKEI 225 INDEX Dec 2008 11215 -905 -7.47SMP.Z08 S&P SMALLCAP 600 Dec 2008 346.5 -27.1 -7.30NIX.Z08 10 YEAR INT RATE SWAP (IMPLIED YLD) Dec 2008 4.28525 -0.32355 -7.02Learn How to Anticipate and Trade Breakouts in All Futures MarketsThe Trade or Fade Advisory ("TOF"), a product of 22-year tradingand brokerage veteran, Scott Hoffman. TOF helps determine a day'strend bias and likely support and resistance levels and allowsshort-term futures traders to make quick, sound decisions.Complimentary Booklet:http://www.ino.com/specials/134682/daniels/tradeorfade.html____________________________________________________________________________E X T R E M E S T O C K S____________________________________________________________________________Updated every 10 minutes around the clock.More at http://quotes.ino.com/analysis/extremes/stocks/WINNERSBBX BANKATLANTIC BANCORP A 6.6000 4.7000 +247.37WB.PR.C WACHOVIA CAP TRUST IX PR 47 9.55 3.12 +48.52LNBB LNB BANCORP 10.29 3.09 +42.92WB.PR.D WACHOVIA CAP TRUST X PR 67 11.00 3.24 +41.75BRT BRT REALTY TRUST SBI 9.60 2.55 +36.17ASBI AMERIANA BANCORP 9.625 2.275 +30.95WB.PR.B WACHOVIA CAPIV 6.375 PR 9.01 2.03 +29.08FXP PROSHARES UL FTSE/X ETF 118.250 26.590 +29.01TRY.B TRIARC COMPANIES B 6.75 1.32 +24.31HJD HORIZONS BETAPRO MSCI EMERGING MARKET 30.38 5.86 +23.90LOSERSSOV.PR.C SOVEREIGN BANCORP DEP PC 5.09 -7.24 -58.72RBS.PR.H ROYAL BANK SCOTLAND PR H 6.03 -8.47 -58.41ABN.PR.F ABN AMRO CAP TRUST VI TRUPS 5.7500 -7.0699 -55.15RBS.PR.P ROYAL BANK SCOTLAND PR P 5.0400 -6.1198 -54.84ABN.PR.G ABN AMRO CF TRUST VII 6.08 5.2100 -5.8898 -53.06RBS.PR.Q ROYAL BANK SCOTLAND PR Q 5.80 -5.80 -50.00FTB.PR.C FIFTH THIRD VII GUAR PR 7.800 -7.280 -48.28FTB.PR.B FIFTH THIRD CAP VI PR 67 6.50 -6.00 -48.00ICLN ISHARS S&P GLOBAL CLN ETF 21.05 -19.34 -47.88ABN.PR.E ABN AMRO 5.90 TRUPS V 6.00 -5.38 -47.28_____________________________________________________________________T TH A N K Y O U
EFFIONG
EKPO