VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (38741)	7/9/2001 11:57:07 PM
From: RR	Read Replies (2) of 65232

Evening wstera_02! Bad news, warnings, et al, for the most part is built into the market. Consequently, I think that's why we've seen the resilience in the Naz when some of the warnings/news has been so bad. Fits with my "nobody should be surprised by warnings." I'm still anxious to see what those guidance comments will be in the upcoming earnings reports. Now that will be very telling. Will it be as bad as some say? Don't know. On the other hand, some have hinted favorable comments going forward, i.e. ORCL, and some others that I don't recall, just remember hearing the news clips. Will that be enough to prop the Naz up through the summer hum-drums? Scratch my head. Don't know. Lots of unknowns. Lots to speculate.... which is a fancy way to say we're guessing..... RR

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