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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: dennis michael patterson who wrote (37112)	1/9/2000 11:28:00 PM
From: Les H	Read Replies (1) of 99985

Intel reports Thursday. Could be selling in advance of the report, and then post-report ramp up on some silly spin like "It's Gateway's fault.", "It's Compaq's fault.", or "We can't keep up with demand" (which is the new way of saying we had cancellations of double-orders), and some spin about future growth or new business areas (such as DSL). There's also Greenspan to speak Thursday night in praise of technology, and the CPI which is usually friendly on Friday.

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