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Strategies & Market Trends : Ask DrBob

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To: JoanP who wrote (38420)	7/1/2001 8:28:23 PM
From: TWICK	Read Replies (1) of 100058

I continue to believe we are approaching a waterfall decline. The late July/early August time period would be the target. I agree with you on the DOW, but I'm unable to figure out what it's going to take for the DOW to correct. I also feel that the Nazzie needs to re-test the April lows. What's it going to take to make that happen ? The only good answer I can come up with is an IBM earnings disaster, ORCL, INTC to continue to disappoint, and for MSFT to come in with lower earnings due to poor Office XP, Windows 2000, NT, and Server sales. GE earnings disappointment will also help. Twick

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