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Phone: (561) 922-5266 • Fax: (561) 623-6235

CURRENT MARKET SENTIMENT


The Dow struggled throughout the trading to maintain a small gain
of 29 points and managed to finish 58 points higher. Art Cashin was
looking for a decisive day, but it may turn out to be more like a MARKET
decisive week. The open interests are pointing at the upside with 12
and 10 thousand contracts at 9500, 9600 respectively. 9630 and HIGHLIGHTS
1044 are the last highs of the Dow and S&P. These numbers
probably will not be reached with a bang, yet with a whimper, more 09/09/2009
like crawling to the finish line. Expect a combination of fast and
furious at the opening and super-crawl during the day unless the
almighty Goldman reappears as an externality.
PRISM CALL
ECONOMIC NUMBERS AND DATA
Time Indicator Date Actual Expectation Range Prior
This is a flat market, with
(ET) futures up only 2.5 handles.
N/A N/A N/A N/A N/A N/A N/A Oil has run from down .50
cents to up .75 cents pre-
market. While there are no
TECHNICAL reasons for this market to be
Indices S2 S1 Pivot R1 R2
going up, we had lite volume
INDU 9411 9438 9482 9526 9535 yesterday and we expect the
(DOW) same today, which makes it
easier for market forces to
SPUZ 1015 1018 1023 1027 1030
(S&P)
bring the market up towards
its previous highs, although
DOW STOCK TO WATCH not necessarily today. We
Strong Weak are sitting on the sidelines
HPQ DD early today, letting the
CAT CVX market show its hand before
taking a direction. Moves
XOM BAC
could be fast and furious, so
AXP WMT take the love when you have
it.

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RISK DISCLAIMER: There is a very high degree of risk involved in trading equities. Trading is not for every investor and only risk capital should be used. Past results are not indicative of future returns. Prism Trading School, LLC
(“Prism”) and all individuals affiliated with Prism assume no responsibilities for your trading and investment results. The indicators, strategies, articles and all other features are for educational purposes only and should not
be construed as investment advice. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves and hereby and absolutely agrees to indemnify and hold
harmless Prism, its principals, agents and employees. All of the material contained herein is believed to be correct, however, Prism will not be held responsible for accidental oversights, typos or incorrect information from
sources that generate fundamental and technical information. Prism does not warrant the completeness or accuracy of such information, and does not warrant any results from the use of the information. Your use of Prism
materials is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade and make your own independent
decisions regarding any securities mentioned herein. Prism affiliates may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be
consistent or inconsistent with the provided strategies.
UPGRADES / DOWNGRADES
Stock
Current Price Target
Upgraded House
Price Adjustment Price

SanDisk Deutsche 18.21 Buy $23
(SNDK) Bank
Stryker Deutsche 43.35 Buy $50
(SYK) Bank
Wynn Oppenheimer 57.42 Perform $61
Resorts
(WYNN)
Blackstone Barclays 12.68 Equal Weight
Group (BX)
Fortress Barclays 4.47 Overweight
Investment
Group (FIG)
Och Ziff Cap Barclays 10.79 Overweight
(OZM)
Morgan JP Morgan 27.80 Overweight $36
Stanley (MS)
Mastercard Citigroup 207.45 Hold
(MA)
Capital One Citigroup 35.44 Buy
Financial
(COF)
Honda BofA/Merrill 31.80 Neutral
(HMC)
eBay (EBAY) Bernstein 21.83 Market $28
Perform

Stock
Current Price Target
Downgraded House
Price Adjustment Price

DuPont (DD) Goldman 31.83 Neutral

Palm Credit Suisse 14.98 Neutral $12


(PALM)

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COMMODITY PRICES
Commodity Price  

OIL 71.26 0.16

GOLD 998.70 -1.10

FOREIGN MARKETS
Market Price   %

FTSE 4981.65 34.31 0.69

DAX 5517.33 35.60 0.65

NIKKEI 10312.14 81.09 -0.78

HANG SENG 20851.04 218.77 -1.04

CHINA 2946.259 .78415 0.54

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NEWS ALERT
Australian retail sales down as stimulus fades – WSJ

BAC Bank of America: NY's Cuomo may charge BofA execs over Merrill -
Reuters.com (17.02 )

Taxpayers face heavy losses on auto bailout – AP

PBR Petrobras Brasileiro discloses Guara formation test has been completed and
has proved the very high productivity (42.93 )

WFR MEMC Elec: Kaufman lowers FY09 and FY10 ests following restructuring
initiatives and equipment failure announcement leading to lowered Q3 guidance
(15.98 )

CPHD Cepheid announces Accelerated Development of Flu A Panel Test (12.73 )

LNY Landry's Seafood special committee to explore alternative proposals to


indication of interest from Tilman J. Fertitta (10.86 )

JDAS JDA Software announces cash repurchase of series B preferred stock and
common stock (19.60 )

Boeing projects Asia Pacific will be largest aviation market in world

ECONX MBA Mortgage Applications of +17% vs -2.2% Prior

CFN CareFusion initiated with an Overweight at Morgan Stanley- tgt $23 (18.45 )

Asia markets close, yen's advance vs dollar lowers exporters; Nikkei -0.78%,
Hang Seng -1.04%, Shanghai Composite +0.54%, Sensex +59 pts

SF Stifel Financial announces proposed public offering of 1,200,000 shares of


common stock (57.12 )

EGBN Eagle Bancorp announces $40 mln common stock offering (8.87 )

F Ford: China's Geely eyes bid for Ford's Volvo Car Corp. (7.30 )

KFT Kraft seeks $8 bln financing for Cadbury bid: Report - Reuters (26.45 )

Moody's says Triple-A ratings for U.S., U.K. not at risk – WSJ

CIC looks to pile cash into U.S. real estate – WSJ

NYX NYSE Euronext announces plan to sell equity stake in NYSE Amex options
market to liquidity providers and market making firms (28.08 )

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NEWS ALERT
ISTA ISTA Pharma's Bepreve receives FDA approval for treatment of ocular
itching due to allergies (5.70 )

HCN Health Care REIT issues downside EPS guidance for FY09 (40.76 +0.62)

UWBK United Western Bancorp announces that it has commenced a public


offering of $80 mln of common stock (5.17 +0.18)

LAZ Lazard announces certain shareholders of Lazard have agreed to sell


5,215,921 of their shares in an underwritten public offering (39.00 +0.90)

RPT Ramco-Gershenson announced a 9 mln common share offering pursuant to


its shelf registration statement (9.64 +0.02)

PBY Pep Boys beats by $0.01, misses on revs (10.09 +0.79)

EAC Encore Acquisition announced a 2.75 mln share common stock offering
(38.42 +1.68)

Another financial crisis inevitable, Greenspan says - Reuters.com

COMDX Saudi Arabia leads the call for no OPEC change - Reuters.com

HITK Hi-Tech Pharma handily beats single analyst estimate (17.26 )

AFFY Affymax provides Phase 3 program update for investigational drug,


Hematide, to treat anemia in chronic renal failure (23.55 )

SUNH Sun Healthcare lowers FY09 guidance (8.04 )

VOL Volt Information Sciences delays third quarter earnings release (10.22)

MCD McDonald's announces that global comparable sales rose 2.2% in August
(56.22 )

Obama to endorse public plan in speech – WSJ

KFY Korn/Ferry beats by $0.01, beats on revs; guides Q2 revs above consensus
(13.32 )

U.S. Chain store sales increased 0.59% in Sep 5 week vs -0.5% in prior week,
according to ICSC/Goldman Sachs

TLB Talbots beats by $0.19, misses on revs; guides Q3 loss above consensus,
revs in-line (7.11 )

DD DuPont cut to Neutral from Buy, removed from Americas Buy list at Goldman-

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NEWS ALERT
DD DuPont cut to Neutral from Buy, removed from Americas Buy list at Goldman-
Reuters (31.83 )

ITW Goldman Sachs raises U.S. multi-industry sector to Attractive from Neutral -
Reuters (41.85 )

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