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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Kenya AA who wrote (3961)8/31/1999 4:03:00 PM
From: Mao II  Respond to of 12662
 
K: Ill take that to da bank. M2



To: Kenya AA who wrote (3961)8/31/1999 4:11:00 PM
From: Night Writer  Respond to of 12662
 
K,
U.S. TRADING SUMMARY: U.S. stocks were sharply lower at midday
Tuesday after a key gauge of U.S. manufacturing activity,
accidentally released a day ahead of schedule, sent stocks
tumbling. The U.S. National Association of Purchasing Management
had been scheduled to release its monthly gauge of manufacturing
activity Wednesday morning. But the data ended up posted on its
Web site and quickly spread through the market. The NAPM said its
index came in at 54.2 for August, lower than the expected reading
of 56.1. Although that would seem to calm inflation fears, the
report showed signs of pricing strength, with its prices paid
index rising to 59.8 from 54.7. ''That data came out somehow and
immediately the market went down,'' said one trader.



To: Kenya AA who wrote (3961)8/31/1999 4:42:00 PM
From: Mao II  Respond to of 12662
 
K: Here are some reasons why we should see more upside:

quote.yahoo.com^NDX&d=1d
quote.yahoo.com^SOXX&d=1d
quote.yahoo.com^DOT&d=1d
quote.yahoo.com^BKX&d=1d

In each of these cases, key supports held and the indexes reversed.
Add one more overarching element and you have a plausible rally environment:
quote.yahoo.com^TYX&d=1d
M2