VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dalin who wrote (36075)	4/20/2001 12:59:24 AM
From: Jim Willie CB	Read Replies (5) of 65232

half the tech world has sandbagged estimates forward guidance has been set to make "exceeding" easier most tech stocks are above 50dayMA now this strains the technical internals I am expecting 2-3 quick pullbacks per stock (many happening intraday) before a pullback toward the MA's then resume upward a news vacuum may present itself in late April into May trade deficit news was positive yday sure, since our economy has slowed, imports reduced leading econ indicators are gonna tilt up sure, since stock market has registered gains expect confidence to rise sure, since stock market has risen for a while, hard news on slower economy will be dismissed like durable goods, like employment, even inflation gonna be interesting / jw

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