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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (7636)4/11/2005 8:50:29 AM
From: Walkingshadow  Read Replies (1) of 8752
 
Overseas markets flat to slightly down, oil futures down, trading near the session low at the lower BB, with oversold stochastics:

futuresource.com

OPEC is considering a 500K increase in output.

Several F downgrades after warning, CC missed, but CSCO revenues looking brighter.

Bad news continues for the AIG short; again, AIG is dead money.

Analysts positioning before AAPL earnings on Wednesday:

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Ahead of Wednesday's Q2 report, JP Morgan raises their Q2 ests for AAPL to $3.25 bln/$0.26 from $3.23 bln/$0.24 (consensus $3.17 bln/$0.24). Despite broad optimism amongst investors for iPod unit shipments, firm continues to believe that the accelerating operating leverage from the digital music business is still underappreciated by the Street. Reits Overweight... Piper Jaffray believes that June quarter guidance will be above consensus ($0.23 on $3.20 bln). Firm thinks that significant focus has been placed on iPod units for the quarter, and they believe some Street unit ests have become over-aggressive due to activities seen from component suppliers in the qtr. Maintains Outperform and $50 tgt.

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SEPR should move very strongly because of bad news for a competitor combined with very good news directly related to earnings.

139.142.147.218

Here's another one that may continue to do well because of resolution of a fundamental problem, and more than 10% of the float is held short, so there is significant input from a short squeeze and/or shorts covering:

CYD weekly:
139.142.147.218

Daily:
139.142.147.218

Index futures indicate a modest gap up at the open.

T
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