Coffee drinkers may live longer.

A coffee is pictured in a Costa Coffee branch in Loughborough, central England June 17, 2008. [Agencies]

Drinking up to six cups of coffee a day might not lead to early death but rather help the heart, especially for women,the findings were published in the June 17 issue of the Annals of Internal Medicine, published by the American College of Physicians.

A leading researcher Dr. Esther Lopez-Garcia, assistant professor of preventive medicine at the Autonomous University of Madrid, Spain,stressed that the findings may only hold true for healthy people.

"People with any disease or condition should ask their doctor about their risks, because caffeine still has an acute effect on short-term increase of blood pressure," she said.

Tracking the Dow on Tuesday,17/06/08

9:30am--Bullish Gap-up 60.0 points.

Wall Street giant Goldman Sachs (GS) reported better than expected quarterly earnings despite feeling the effects of the continuing financial crisis.

10:30am--Gap-up fully filled & in negative zone.

Market players appeared to be disappointed by reports saying that the Federal Reserve won't do anything about interest rates in the near term, according to S&P MarketScope.

Main candle pattern:-Graveyard doji.

11:30am--Bear raiders.

A nearly 120.0 points downslide.Bank stocks were among the weakest performers.A doji below the bearish candle.

12:30pm--Graveyard Doji.

Inflation warnings came from the U.S. producer price index, which jumped 1.4% in May, while the core rate -- excluding food and energy -- rose 0.2%. The headline PPI is up 7.2% from a year ago, while the core rate is up 3%. Energy prices in the PPI increased 4.9%, with gas prices up 9.3% and food prices up 0.8%.

1:30pm--Hammering beneath the MAV.

On the housing front, U.S. housing starts fell 3.3% to an annual pace of 975,000 in May, from 1.008 million in April. Starts are down 32.1% from a year ago.

2:30pm--The bears & graveyard.

The price of oil was lower Tuesday. On the NYMEX, crude oil for July delivery was down 63 cents, trading at $133.98 per barrel.
3:30pm--Bearish engulfing.

U.S. industrial production fell 0.2% in May, the second straight monthly decline. Also, the U.S. current account deficit rose to $176.4 billion in the first quarter, from $167.2 billion in the last quarter of 2007.

4:00pm--Gravediggers.

A day of negative news to be carried forward.

Stocks closed lower Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.

The engulfing candle will complete its mission by tonight to get ready for the triple witching day next Friday.