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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (4850)	6/23/1999 7:35:00 PM
From: Carl Worth	Read Replies (1) \| Respond to of 6445

Bruce- Thanks, PROG does look pretty good on the chart. I notice they put out one of their periodic happy outlook news releases today and got the stock moving a bit, these moves for PROG always seem to be short lived, it will be interesting to see if this one is more potent if it can get above 13. I notice that there are no current estimates for earnings on Zacks, guess the analyst got tired of covering them or something. <gg> Not sure how bad MU will be for the overall market tomorrow. Since they are mostly memory chips, in reality it shouldn't affect stocks like PERI or the like but it probably will anyway. AMD's warning should be a surprise to absolutely no one since they warn every quarter. It reminds me of MOT which used to warn every quarter but has finally gotten its act together recently and the stock has done quite well as a result. I'm still expecting strength in the market through earnings season but the bond market sure isn't cooperating. Someone mentioned on TV today the possibility of hitting 7% on the long bond. It sounds like the fear is really setting in on the bonds so hopefully that means we are near the top in yield/bottom in price, we shall see. :) Carl