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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.35-0.6%Dec 5 9:30 AM EST

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To: LTK007 who wrote (44902)7/14/2001 11:41:15 PM
From: LTK007  Read Replies (1) of 56535
 
despite the remaining significant risk of recession tightening it's hold as depicted in the reuters article above.
The need for the market to follow through this week following it's "without logic" shorts smashing MSFT rally that took the indexes out of a dangerous breakdown zone,is so great,it is difficult to not see a continuing rally this week.
Over 1,200 companies will be reporting next week,but as is the bizarre nature of our market,only a few of these will matter to the market,with INTC coming on Tuesday and IBM on Wednesday.
I personally believe these companies are fully aware of the power they have to move markets and it would be an extreme surprize for me if either would give any negative guidance.
Of course if they were to go negative in their guidances this MUST have solid follow-through week would likely swing right back into a dangerous breakdown mode.
end,nutshell report,for the coming week.(vbg) Max
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