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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/5/2001 10:12:22 AM
From: velociraptor_  Read Replies (4) of 37746
 
Riding this puppy out for a bit. Way too much exhuberance and another classic bear market rally. The market seems to be rallying primarily on the news that DELL has re-affirmed earnings on LOWERED guidance. Big Deal...the earnings are still lower, and the quarter is not even done yet. Dozens of other companies are still warning.

Potential top for this rise is 1137-1140 for the S&P and 9860 for the DOW. There is another large turn period later this afternoon.
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