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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: DOUG H who wrote (4961)	2/15/2005 1:02:27 PM
From: Walkingshadow	Read Replies (1) of 8752

Yes but it is right in the middle of that resistance zone now. The press is talking about M&A activity, and some positive economic reports, but there has been mixed earnings and guidance news today too: Jan retail sales came in at -0.3% (consensus -0.5%) but retail sales excluding autos were up a respectable 0.6% (consensus +0.4%), reflecting continued strength in the underlying trend of consumer spending... The Feb NY Empire State regional manufacturing survey fell to 19.2 (consensus 20.0) from 20.1 in Jan but still showed relatively healthy expansion. QQQQ trading at $38.29 at the moment, off the highs of the day, and volatilities are mixed but mostly negative. I don't think this will hold, I think we'll see selling in the afternoon session. AAPL is flying high once again. I am watching RSTG, also hoping ALNY will get down close to $7.00. We'll see.... T

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