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August 30, 2004 - September 03, 2004

ISE SENTIMENT INDEX (ISEE) FOR   08/23/2004 - 08/27/2004
 Date Index
8/27/2004 165
8/26/2004 106
8/25/2004 134
8/24/2004 107
8/23/2004 148

ECONOMIC EVENTS
Release Date Release Time Indicator Period
08-30-048:30
8:30
Personal Income
Personal Consumption
July
July
08-31-0410:00
10:00
Consumer Confidence Index
Chicago Purchasing Managers Index
August
August
09-01-0410:00
10:00
10:00
Automotive Sales
Construction Spending
Institute for Supply Mgt - Mfg. Index
August
July
August
09-02-048:30
8:30
10:00
Productivity (revised)
Initial Jobless Claims
Factory Orders
2Q
Latest week.
July
09-03-048:30
8:30
8:30
10:00
Unemployment Rate
Non-farm Payrolls
Average Hourly Earnings
Institute for Supply Mgt - Services Index
August
August
August
August

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
8/31/2004FCEL
8/31/2004ABS
9/1/2004COCO
9/2/2004MBG
9/3/2004TTWO

MAJOR MARKET EVENTS
Date Event
9/6/2004 Labor Day Holiday -- Markets Closed.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,195.10 10,026.94 10,146.15 10,253.57
S&P; 500 Index SPX 1,107.75 1,088.35 1,104.13 1,111.23
S&P; 500 Index Futures SP1601 1,066.20 1,087.79 1,110.68 1,108.20
NASDAQ 100 Index NDX 1,388.55 1,356.42 1,404.61 1,441.33
S&P; 100 Index OEX 540.88 532.11 538.79 545.62

ISE MOST ACTIVE CALL SERIES FOR   08/23/2004 - 08/27/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QQQ Sep, 2004 36 25,866
2   Nasdaq-100 Shares 2 QAV Sep, 2004 34 19,807
3   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 16,583
4   Semiconductor HOLDRs 4 SMH Sep, 2004 32.5 12,838
5   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 11,620
6   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 11,273
7   Intel Corporation 6 NQ Jan, 2005 22.5 10,028
8   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 9,534
9   Nasdaq-100 Shares 2 QAV Sep, 2004 33 9,518
10   Citigroup Inc. 8 C Oct, 2004 47.5 8,643

ISE MOST ACTIVE PUT SERIES FOR   08/23/2004 - 08/27/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Univision Communications Inc. 7 UVN Jan, 2005 35 30,000
2   Univision Communications Inc. 7 WLF Jan, 2006 35 16,928
3   Citigroup Inc. 8 C Jan, 2005 40 15,600
4   EMC Corporation 8 EMC Sep, 2004 10 14,039
5   Calpine Corporation 9 OLB Jan, 2007 5 13,500
6   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 11,896
7   Nasdaq-100 Shares 2 QAV Sep, 2004 33 10,403
8   Nasdaq-100 Shares 2 QAV Sep, 2004 33 9,908
9   Nasdaq-100 Shares 2 QAV Sep, 2004 34 8,915
10   Nasdaq-100 Shares 2 QQQ Sep, 2004 37 8,864
 


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