Yes...Still Drinking Coke...

BMO – Here we are on Lincoln’s birthday, the economy is still tough but apparently based on this morning’s earnings people are still buying lots of Coke…Check out KO below…oh no there is no ICE or NICE this morning to go with that drink, apparently however they are drinking fewer of those cokes at MAR, so it must be when they are going to class at STRA and WMI is still hauling off plenty of those cans… About and hour before the open the SPX futures are down about 10 points and the Nasdaq futures down about 9 points. Support held on Wednesday as indices bounced off support and formed bullish haramis, watch to see if these haramis confirm and the bounce continues. The futures seem to indicate that the markets may have a lower open. Thursday Feb 12 BMO – AET +0.96 beat +0.94 CPLA +0.66 beat +0.62 KO +0.64 beat +0.61 ECA +0.60 below +0.77 FCL +0.89 beat +0.50 LIFE +0.83 beat +0.54 CLI +1.00 beat +0.87 MAR +0.34 below +0.39 MLM +0.80 below +0.83 NXY -0.35 below +0.31 NRG +0.98 beat +0.42 NWN +1.25 beat +1.21 ZEUS +0.07 below +0.18 PTEN +0.64 beat +0.55 REV +0.22 below +0.70 STRA +1.71 beat +1.70 ULBI +0.01 below +0.07 WMI +0.49 beat +0.48