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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (30961)3/23/2000 9:09:00 AM
From: IQBAL LATIF  Respond to of 50167
 
On earning season... fewer pre announcments are small preview of things to come..<<The Standard & Poor's 500 futures index for June slipped 2.60 points to 1,514.90 while the Nasdaq futures index for June was flat at 4620. I just saw after i had posted futures down may be jobless number was not friendly...

``It looks like we have just a little bit of profit-taking,' said Peter Cardillo, director of research at Westfalia Investments. ``I suspect this is not going to be long lasting. The main focus of attention now is earnings. As we approach the end of the quarter and we don't get many pre-announcements, that is telling us that the earnings season is going to be strong.'>>