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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (7957)	2/20/2001 9:47:54 AM
From: Bucky Katt	Respond to of 13094

RE:WMT>Wal-Mart 4th-Qtr Net Rises 4.5%, Worst Gain in 5 Yrs Wal-Mart Stores Inc. said fiscal fourth-quarter earnings rose 4.5 percent, the smallest gain in almost five years, as the slowing economy and a disappointing holiday season curbed sales and profit. ``Although it was a good year, it was a year that was not quite up to our high Wal-Mart expectations,'' Scott said on a conference call. ``Fortunately, we do not see any indication that spending will slow further from its current levels.'' Still, he said, comparisons in the first half of the year will be ``difficult'' for the Bentonville, Arkansas-based chain.

To: pressboxjr who wrote (7957)	2/20/2001 2:31:13 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

Jr: You may be right about the Nasdaq bottoming in the 1800 to 1900 area... That's where it was in 1998... Note the panic selling bottom that dipped below 1500... bigcharts.com The New Lows on the Nasdaq have now crept up to 1 1/2 times the New Highs... finance.yahoo.com This suggests another round of selling... The Dow continues its battle to successfully vault the 11,000 area... bigcharts.com The retreating economic climate is putting too much pressure on equities... But, we haven't seen major capitulation yet... We may very well have to see the kind of panic dumping that we saw in 1998 to wring out the last vestige of irrational exuberance in the tech heavyweights... For now, cash is king for most investors... Jim