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Reply #75: "session lows" get mentioned again [View All]

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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 01:01 PM
Response to Original message
75. "session lows" get mentioned again
12:59
Dow 12,690.84 Down 162.25 (1.26%)
Nasdaq 2,462.27 Down 26.25 (1.05%)
S&P 500 1,411.24 Down 9.09 (0.64%)

10-Yr Bond 3.836% Down 0.051

NYSE Volume 2,302,711,250
Nasdaq Volume 1,160,970,750

12:30 pm : Stocks fall back toward their session lows. Selling pressure has eased as the major indice hold near their recently reached lows.

Five of the 30 Dow Components are posting a gain. Some of the more beaten down names are outperforming, such as Citigroup (C 29.11, +1.00) and JPMorgan Chase (JPM 41.81, +0.48). Citi is down 48% from its 52 week high, and JPMorgan is down 21%. The main laggards are American Express (AXP 44.19, -4.73) and McDonald's (MCD 53.62, -4.55)DJ30 -173.14 NASDAQ -30.71 SP500 -10.76 NASDAQ Dec/Adv/Vol 1837/1029/993 mln NYSE Dec/Adv/Vol 1702/1358/660 mln
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