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Technology Stocks : Oracle Corporation (ORCL)
ORCL 219.89-1.3%Nov 17 3:59 PM EST

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To: ehasfjord who wrote (17885)1/21/2003 8:16:38 AM
From: MeDroogies  Read Replies (2) of 19079
 
Globex futures show the markets down at the open, which I think should extend in the first 1/2 hour. I'd expect a bounce by mid/late day, however, as alot of indicators are reaching oversold positions. Also, investors may want to take positions in preparation for a big earnings week.
Could get uglier as results come in, but I'd expect the week will be a mixed bag, with SLIGHT bias to the positive side. Enough to get the markets back up again by week's end. That's not to say they will stay there long. But I think that a retest of Dow 9000 is in the works, unless there are some REALLY bad results to come.
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