Graham Stock Screen

39 stocks meet the criteria annual EPS Growth Rate >= 30 and P/E ratio <=10 at moneycentral.msn.com with STC leading the pack.

Annual EPS Growth Rate >= 30	P/E Ratio: Current <= 10

DJ Utility Index testing support

The DJ Utility Index made an all time high two weaks ago as it jumped over its highs back in December 2000. It is now testing its first support in the 390 /420 area.

EMini Biotech Futures start trading 9/26/05

The CME announced the start of the EMini Biotechnology Stock Index Futures effective 9/26/05. Traded on Globex, contract size is 50x the Nasdaq Biotechnology Index, which is a modified capitalization weighted index comprised of stocks that are classified as either pharmazeutical or biotechnology. Commodity code is BQ, Ticker Symbol BIO (Futures), BQX (undlying index)

Fed ups Fed Fund Rate to 3.75%

Stocks fell sharply after the Fed raised interest rates a quarter point to 3.75%--the 11th rise in 15 months.
(Tradingmarkets.com)

Hedge Fund News from HedgeWorld

Hedge Fund Strategies without Performance Fees

NEW YORK (HedgeWorld.com)—The mutual fund company Rydex Investments has launched two new retail vehicles that promise to replicate the performance of certain hedge fund strategies but at lower cost to the investor.

TraderSource Starts FX Fund of Funds

NEW YORK (HedgeWorld.com)—The Harbourside Multi-Manager FX Fund (SICAV) plc from TraderSource Inc. will invest with foreign exchange managers in Europe and the United States.

RMF Creates ‘Three Pearls' Portfolio for German Institution

PFÄFFIKON, Switzerland (HedgeWorld.com)—RMF, an investment manager of Man Investments, announced Monday that it has placed a 150 million euro customized hedge fund portfolio with an unnamed German institutional client.

Election in Germany - DAX and EURO drop

German stock market, euro fall after election leaves deadlock between Angela Merkel's CDU and Gerhard Schroeder's SPD.

Intergraph in strong uptrend

INGR is moving up strongly since June and shows now signes of weakness.

Hedgeworld News

ISDA Protocol Aims to Ease Derivatives Trades Transfer
(Hedgeworld)

NFA Suspends CPO Manager: Adamant Vacationer
(Hedgeworld)

Short Sellers, Emerging Markets Funds, Lead CSFB/Tremont Index in August
(Hedgeworld)