Standard & Poor's said it will add Yahoo! (YHOO:Nasdaq) to the S&P 500 index at the close of trading on Tuesday, Dec. 7, reflecting the growing influence of Internet companies. Yahoo! will replace Canadian school bus company Laidlaw (LDW:NYSE) which will be removed. Being added to the S&P 500 generally provokes a strong demand for a stock. Index funds that are based on the performance of the S&P 500 must purchase this stock to match the returns of the indexSee you in the morning.
hint hint...
Some Free Trial Toadsters will drop off the Free Trial list this weekend - and they will be "Toadless" if they don't subscribe. See the rest of you by the pond in the morning. Enjoyed the festivities with Little Toad this weekend and the Jaguars won! We are now 6 and 1.
That's it for the week, didn't hop during this last hour cause we just don't trust the after 3:00 crowd. Think it's the black coats with long tails they have - oops that's the after 5 crowd. :-)
Have a great weekend - homecoming this weekend in Gainesville and we are headed down there to visit Little Toad and take in some of the festivities. See you at the pond - Monday morning.
11/5/99 Evening OEX
+3.95
The first Microsoft ruling is coming out tonight. This reminds me somewhat of the breakup of AT&T. Best way I know to breakup Microsoft is to have some other company "build a better mousetrap."
If someone came out with a better program, we would all buy the new one. We use Microsoft because it works...
Have a great weekend, see you Monday morning.
Toad Update 11/5/99 #3 16:06 Email, Yahoo, Pagers & Cell Phones
Toad Update 11/5/99 #2 15:04 Email, Yahoo, Pagers & Cell Phones
Just one more hour of trading this week, unless we get some strong movement
we are not going to hop today.
Let's see if this 3:00 crowd dumps us...
Toad Update 11/5/99 #1 12:26 Email, Yahoo, Pagers & Cell Phones
Been in a tight trading range since about 10:15 and haven't been able to
break out. Which way it will break is the question.... or the question
"Should we have another bagel while we are watching the pond?"
Here debating with myself about the bagels or lunch, hey it's Friday, let's
do both!
11/5/99 9:30
Nonfarm payrolls went up in line with projections and hourly earnings rose just 0.1% - none of that will hurt this market, - headed UP again this morning! Let's see what happens after the open, stay tuned...
11/4/99 Evening OEX
+4.02
It's YOUR TURN to bring the bagels!
See you in the morning...
Toad Update 11/4/99 #3 16:11 Email, Yahoo, Pagers & Cell Phones
Well, our signals kept us out of the market or we would have been proud
owners of the Nov 720 puts (OEZWD)at 15. (They are all of the way up to $14
now!) From the charts it looks like they touched 16 once but we probably would
have had our sell at $17!
Never saw the D's beat the A's today... but it was dropping most of the day.
EXCEPT for when we were gonna hop into the puts... did we cause that -
again?
That's it for tonight -
GREAT NEWS - Bagels in the morning! (I think it's YOUR turn to buy.)
Toad Update 11/4/99 #2 14:50 Email, Yahoo, Pagers & Cell Phones
I have had this request from several Toadsters and Mrs. Toad thinks we are
SICK.
Attached to this email is a wav file with the Toad's famous "Ribbitt" - you
can use it for the sound Yahoo Messenger makes when you receive a message.
(Told you she thought it was sick.)
If you want this sound, send us an email and we'll forward the file to you.
For those of you who would rather hear the Weis of Bud Weis Er fame (the sound I use), just send us an email requesting that instead.
She thinks we are sick....
Toad Update 11/4/99 #1 12:28 Email, Yahoo, Pagers & Cell Phones
YES!... er, that's why we didn't hop into puts around 11:40, I wanted to
argue with the signals, thought we should consider puts and then.... the
market shot back up.
Reminds us of the old quote:
"Trade what the market is doing, not what you expect it to do." Toad '98
So we are sitting by the side of the pond, watching the market & waiting for
signals!
11/4/99 9:32
Good morning, jobs report won't hurt this market, headed UP this morning!
11/3/99 Evening OEX +3.01
Congrats to
closed above 3,000 today - first time ever. Course that didn't help us to hop today as the signals were mixed. SO, see you in the morning.
Toad Update 11/3/99 #4 15:54 Email, Yahoo, Pagers & Cell Phones
Nope, not gonna fall for any of those sucker plays today. Our signals kept
us out of this and glad they did.
That's all for today - see you back here in the morning. Same bat station,
same bat pond... ;-)
Toad Update 11/3/99 #3 14:42 Email, Yahoo, Pagers & Cell Phones
Not sure why we came back to the pond today...
Not much of a trading day for us yet - lot's of interest in NASDAQ 3000 but
sure looks like a trading range to me. Stay tuned...
Toad Update 11/3/99 #2 12:00 Email, Yahoo, Pagers & Cell Phones
I'm back at the pond, watching. Mrs. Toad and I are doing fine.
Toad Update 11/3/99 #1 9:18 Email, Yahoo, Pagers & Cell Phones
This was just a reminder that we have Dr.'s appointments this morning, so we will be late to the pond. Should be back around noon. Will send out an update as soon as we return.
See you when we get back.
11/3/99 9:15
Just stopped by the pond to remind you that we should be back around noon. You are "Toadless" until we return...
11/2/99 Evening OEX
-4.39
Er, that put hit a high of $19 today! Ribbit!
We have Dr.'s appointments in the a.m., so we will be late to the pond tomorrow. Actually we will be here until right before the market opens and then we should be back around noon. Will send out an update as soon as we return. Yep, this is still related to our auto accident of last year. See you in the morning.
Toad Update 11/2/99 #4 16:33 Email, Yahoo, Pagers & Cell Phones
Mrs. Toad just walked by and said, "Hey, is that put up to 18 1/2? I sure
hope you didn't sell yet!" Then she just smiled and left the room....
.....she knew I was already out.
Yes, we hopped out a little early - received emails/Yahoo Messages that
some Toadsters stayed in past our exit and it looks like 17 to 18 was a
popular exit price.... doesn't bother me, bother me.....
Glad it worked out, see you in the morning.
Toad Update 11/2/99 #3 15:22 Email, Yahoo, Pagers & Cell Phones
Just hopped out of 20 contracts of the Nov 720 puts (OEZWD) at 15 3/4.
Whew! That was FUN!
Glad we got more than $15 because Mrs. Toad said, "You should just go for 1
1/2 - the last time you went for 2, you wound up holding over."
Urp. Still have them.
Toad Update 11/2/99 #2 14:07 Email, Yahoo, Pagers & Cell Phones
We just hopped into 20 contracts of the Nov 720 puts (OEZWD) at 13 1/2.
Will let you know when we hop out.
Toad Update 11/2/99 #1 12:48 Email, Yahoo, Pagers & Cell Phones
Market shot up til a little after 11 and we considered the 715 and 720 calls
which have not moved up from our entry point. Since the market peaked, it's
been headed down with the rest of the signals.
Oops, you can get them cheaper now. Still haven't hopped yet today.
Still watching the pond.
11/2/99 9:35
Dr. G is speaking today - "probably won't affect the market" - yea, right. Talking about housing, let's see what happens...
11/1/99 Evening OEX
-4.82
Looked like profit taking today as the market went sideways until a little after 2:00. Didn't get the signals to hop today - probably good we stayed out.
Two or three or four or five more days like today and maybe our puts will be worth something!
Walter Payton, the NFL all-time rushing leader and one of the greatest football players ever died today. Our prayers go out to his family...
See you in the morning.
11/1/99 14:25
Toad Talk© was updated today. Click on
Toad Talk© and listen...
Toad Update 11/1/99 #2 14:15 Email, Yahoo, Pagers & Cell Phones
That was close, had our little toad foot on the mouse ready to hop into some
more puts, but don't have all the signals yet. Stay tuned.
Also, we updated Toad Talk - check it out on the site or at ABS live.
p.s. Send us your Yahoo name to be added to the Yahoo Messenger list!
Toad Update 11/1/99 #1 12:58 Email, Yahoo, Pagers & Cell Phones
Watching the market go sideways in it's trading range so far today. Haven't had the momentum yet. Still watching.
If you haven't read about The Legend of the Toad, it's on the website.
Posted it on 10/31.
Having some lunch - off of daylight savings time but my stomach is just
saying lunch now...
11/1/99 9:30
Good morning, busy weekend for us around the pond. Florida-Georgia weekend, Halloween, Jaguars won and we still have our puts. Looking for some "profit taking" this week. Stay tuned...