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Saturday May 10, 2008

today's sneak peek By Bedford and Associates
Musical Chairs
Traders know that we are nearing overhead resistance levels and they are very reluctant to get aggressive on the long side for fear of falling flat on their behind as the bullish drumbeat stops.


investor's beat By Ruth Coneglio
Why Microsoft Isn’t Buying Facebook
The white-hot social networking service is tempting to Microsoft in the wake of its failed Yahoo assault, but there’s no urgency to do a deal now.

tales from the trenches By Terry Bedford
A Hit with Franklin Resources
This issue is now back in positive territory after a weak start. This stock is one that could easily go back to 142 if the SPX rallies to 1,514.

best of the web By David Goldberg
Search Engines, School Meals, Digitizing Books and Your Privacy
The new search engines try to give you direct answers. A high tech way to track your kids' eating at school. A few companies are working on digtizing books for the web. Hiding from Google and the other search engines.

the chartroom By Terry Bedford




education By Bedford and Associates 
Rectangle
Technically speaking, a rectangle is a rally to a relative new high, pullback to an intermediate support level, a second rally to test the new high, a second pullback to intermediate support, a third rally to test the new high level followed by an upside breakout on strong volume.


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Happening Today

Earnings    
Company

Est.

Yr. Ag

Clear Channel (CCU) $0.21 $0.20
Landry's Seafood (LNY) $0.36 $1.02
Southern Union (SUG) $0.61 $0.53
Westar Energy (WR) $0.31 $0.34
Windstream (WIN) $0.25 $0.21
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Stock Splits
Company Ratio
None Scheduled  
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Economic    
Release Est. Prior

Trade Balance 

-$61.3 -62.3
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Conferences  
Conference Presenters
None Scheduled  
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Analyst Meetings    
Company Time
Texas Instruments (TXN)
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