MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: Haim R. Branisteanu who wrote (56825)	7/19/2000 2:04:45 PM
From: James Strauss	Read Replies (1) of 99985

Haim: About 66% of Nasdaq companies have either met or exceeded earnings estimates... earnings.nasdaq.com I'll agree that some of these estimates may have been lowered, but looking forward, we have an expectation of an end to the rate hike cycle and lower oil prices... So, on balance, the Naz should rebound after re-testing the recent open gap in the 3960 area... bigcharts.com Jim

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