Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Stephen who wrote (40107)	1/5/2001 12:46:55 PM
From: Paul Shread	Read Replies (2) of 42787

10,650 should hold on the Dow; a nice uptrend line from 12/21 and 1/3. This probably isn't the best place for a discussion of holiday toy sales, but eToys did about 50% less business than expected, and they made a pretty decent multi-channel effort, not just Web-based. Given that Toysrus only went up 3%, toysrus.com/Amazon stole market share, but the market definitely did not grow. Heck, if toys can't grow sales in December, who can? It was an abysmal month; NAPM and car sales fell off a cliff. I take manufacturing as seriously as anyone; it's still the real economy, IMHO, and the downturn shouldn't be taken lightly. An interesting struggle here: as goes the first five days, so goes the year. Can COMPX end Monday above 2470?

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