February 21, 2005 - February 25, 2005

ISE SENTIMENT INDEX (ISEE) FOR   02/14/2005 - 02/18/2005
 Date Index
2/18/2005 142
2/17/2005 166
2/16/2005 157
2/15/2005 174
2/14/2005 195

ECONOMIC EVENTS
Release Date Release Time Indicator Period
02-21-05 none
02-22-0510:00
Consumer Confidence Index
Feb.
02-23-058:30
8:30
2:00
Consumer Price Index (CPI)
CPI Core Rate (excludes food and energy)
Federal Open Market Committee (FOMC) Minutes
Jan.
Jan.
Feb. 2
02-24-058:30
8:30
Durable Goods Orders
Initial Jobless Claims
Jan.
Latest week.
02-25-058:30
8:30
10:00
Gross Domestic Product (GDP) - Prelim.
GDP Chain Weighted Deflator - Preliminary
Existing Home Sales
4Q
4Q
Jan.

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
2/22/2005ABGX
2/22/2005FD
2/22/2005HD
2/22/2005ADSK
2/22/2005CVH
2/22/2005ISPH
2/22/2005SCMR
2/22/2005HL
2/22/2005NTES
2/22/2005OMC
2/22/2005CHK
2/22/2005NOVL
2/23/2005CIEN
2/23/2005MSO
2/23/2005ESV
2/23/2005CVC
2/23/2005TOL
2/23/2005CTIC
2/23/2005MCIP
2/23/2005WMB
2/23/2005LOW
2/23/2005TJX
2/23/2005NAV
2/23/2005NGEN
2/23/2005GMST
2/23/2005OMG
2/24/2005BEAS
2/24/2005CVTX
2/24/2005KSS
2/24/2005ALD
2/24/2005VRX
2/24/2005MCDTA
2/24/2005SUPG
2/24/2005DLTR
2/24/2005EAGL
2/24/2005GMR
2/24/2005HRB
2/24/2005LTD
2/24/2005PDE
2/24/2005GPS
2/24/2005CRDN
2/24/2005DYN
2/24/2005SMTC
2/24/2005SPLS
2/24/2005CPN
2/24/2005JCP
2/24/2005MRVL
2/24/2005MFE
2/24/2005NEM
2/24/2005PRX
2/24/2005SWY
2/24/2005VIA
2/24/2005LEXR
2/24/2005AGEN
2/24/2005OCR
2/24/2005TARO
2/24/2005UTHR
2/25/2005ADRX
2/25/2005BDY
2/25/2005CCU
2/25/2005DNDN
2/25/2005GERN
2/25/2005IMDC
2/25/2005NOI
2/25/2005PDLI
2/25/2005CHINA
2/25/2005EIX

MAJOR MARKET EVENTS
Date Event
2/21/2005 President Day -- Markets Closed.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,785.22 10,629.39 10,649.33 10,305.07
S&P; 500 Index SPX 1,201.60 1,190.71 1,193.84 1,139.90
S&P; 500 Index Futures SP1601 1,108.30 1,120.31 1,108.37 1,119.39
NASDAQ 100 Index NDX 1,515.40 1,517.67 1,559.56 1,473.97
S&P; 100 Index OEX 575.42 569.73 569.69 549.91

ISE MOST ACTIVE CALL SERIES FOR   02/14/2005 - 02/18/2005
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Cisco Systems Inc. 9 CYQ Mar, 2005 20 29,254
2   Merck & Co. Inc. 4 MRK Mar, 2005 30 21,321
3   Pfizer Inc. 7 PFE Feb, 2005 25 20,911
4   Merck & Co. Inc. 4 MRK Feb, 2005 30 20,746
5   Pfizer Inc. 7 PFE Mar, 2005 25 19,001
6   Pfizer Inc. 7 PFE Mar, 2005 27.5 18,719
7   eBay, Inc. 4 XBA Feb, 2005 42.5 16,280
8   Merck & Co. Inc. 4 MRK Mar, 2005 32.5 14,504
9   Applied Materials Inc. 9 ANQ Feb, 2005 18 13,913
10   eBay, Inc. 4 XBA Mar, 2005 90 12,562

ISE MOST ACTIVE PUT SERIES FOR   02/14/2005 - 02/18/2005
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Merck & Co. Inc. 4 MRK Feb, 2005 30 28,923
2   Cisco Systems Inc. 9 CYQ Feb, 2005 17.5 19,985
3   Time Warner Inc. 7 TWX Feb, 2005 18 19,590
4   Pfizer Inc. 7 PFE Mar, 2005 25 19,408
5   Pfizer Inc. 7 PFE Feb, 2005 25 19,336
6   eBay, Inc. 4 XBA Feb, 2005 42.5 18,231
7   iShares - Lehman Brothers 20+ year Treasury Bond Index ETF 1 TLT Feb, 2005 92 12,314
8   eBay, Inc. 4 XBA Feb, 2005 42.5 11,900
9   iShares - Lehman Brothers 20+ year Treasury Bond Index ETF 1 TLT Feb, 2005 92 11,572
10   Apple Computer, Inc. 6 QAA Feb, 2005 85 10,990


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