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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (35380)4/6/2001 7:57:10 AM
From: Dealer   of 65232
 
From: Harry Lew Friday, Apr 6, 2001 3:09 AM
Respond to of 31817

COMPX closed above resistance at 1780, but SOX failed to close above 530. SOX currently on a sell signal. I expect that the COMPX and SOX to pull back and trade a range going into earnings.
Employment numbers tomorrow are still a wild card. SCMR and EXTR warn after the close. Reaction on SCMR in after hours indicates miss was not priced in. Coverage suggests miss was worst than most analyst even expected.
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