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Strategies & Market Trends : Guidance II

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To: SusieQ1065 who wrote (1124)	11/6/2002 11:46:27 AM
From: SusieQ1065	Read Replies (1) of 2077

Jim Brown 11/6/02, 10:44:49 AM Intel - At 10:00 this morning it was reported that Intel said they were comfortable with current estimates and the market roared off to the current levels. While traders were busy placing those tech trades they missed the second half of the sentence. "but global conditions are still uncertain and we have not seen any economic recovery in its business sectors." They also said they were going to keep the lowered capital spending limits until a recovery was seen. Traders read between the line and see bullishness in every word it appears.

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