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Politics : Idea Of The Day

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To: Jerry Olson who wrote (31077)4/10/2000 9:00:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
<<DRUGS???? heh heh heh..

looks like the damn markets on DRUGS!!!>>
Great comment, the market is on high acting like total drunk..

The Drugs are retesting that 200 days MA which has acted like a collar resistance, I am seeing it bouncing off it and moving higher.. if we break this we will see wayward movement, this is an important week from releases point of view we have retail numbers, PPI and CPI on Thursday and Friday, I think we need to see 'earning momentum' setting up a base here, if earnings growth in Technology sector (that I expect to be reconfirmed solidly) value stories will dampen and techs may move solidly higher with new momentum..Goldman Sach has added these new stocks of the old economy in their list.. GE IR PNR TXT UTX ROH.. AlWaleed the famous Prince of SA known for his 4$ C investment and 18$ AAPL investment has made 100 million $ invesmtnet in XRX, 100 in CPQ 100 in EK and 400 in AOL, the pundits in their news letter think that following big money is always nicely paid fwiw..

PCLN looks great so does FNSR..

quote.yahoo.com^DRG&d=3mm
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