Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: stockycd who wrote (88657)	7/9/2009 6:21:14 AM
From: fred woodall	Read Replies (2) of 94695

Lot of money piled into tech. the last hour of trading yesterday. INTC did 16m+ in vol. within 15 minutes. Wallstreet has already massacred earning estimates so the stage is set for the market to move up. Superficially or not. GOOG did the O.S. chrome announcement out of the blue after the stock closed below 400. Bottom of the press release, "will not be available till next year". Look how AA traded on earnings. Cost saving and gross rev. moved it up after hours even though they aren't making a dime and Alm. inventories are huge along with global production capacity. Unless some bad news comes out for example GE I think we move back up to 900 easily.

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