Stock Attack II - A Complete Analysis Message Board

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

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To: Joseph Silent who wrote (2825)	3/14/2001 8:21:35 AM
From: Louis V. Lambrecht	Read Replies (1) of 52237

Hi! Joseph - futures are bad coz. Euro bourses have the sentiment the US subsidiaries of local multinationals are feeling the slowdown of US economy. Fear also of the domino effect. Major companies warned, Siemens (SI) and Philips (PHG) yesterday, BASF (major chemical conglomerate) today, major Ericsson pondering to end manufacturing of cell phones. Blame is on US economy, hence selling the futures as soon as they reached the office this morning. Europe usually has yearly earnings, due in May-Jun. Mars has become the pro-forma earnings season and this one does not looks good.

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