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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (34538)	3/22/2001 11:23:31 PM
From: Dalin	Read Replies (1) \| Respond to of 65232

Bears are gettin grumpy! I got kicked off the Clown killer thread for pokin fun at myself. <g> Message 15551464 Might be a sign! :0) Ramblin n laughin

To: Dealer who wrote (34538)	3/23/2001 7:46:56 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T --Stocks look set for jump at open By Greg Morcroft, CBS.MarketWatch.com Last Update: 6:50 AM ET Mar 23, 2001 NEW YORK (CBS.MW) - U.S. stocks look set open with solid gains as investors continue buying that started late Thursday and pulled the Dow back from an almost 400 point swoon. Nasdaq futures (AH=M1) jumped almost 3 percent, or 49.50 points to 1,769.50 while S&P 500 futures (WP=M1)climbed 1.3 percent to 1,133.50. Late Thursday investors snapped up technology stocks, driving the Nasdaq higher and hoisting the Dow from a deficit of more than 380 points as some investors wagered the sector has been hit too hard during a time of falling interest rates. The tech-laden Nasdaq Composite ($COMPQ) rallied 67.47 points to close at 1,897.70 Thursday, while the Dow Jones industrial average ($DJ) ended the session down 97.52 points, or 1 percent, at 9,389.48, bouncing from a low of 9,106. Overseas markets After Thursday's heavy losses, European markets held early strong across-the-board gains on Friday, with technology and telecom stocks again to the fore. Traders in London remained unconvinced by the market's morning gains. "Until the dust settles and we can see what's done in the U.S, confidence will remain unsettled," said Peter Cogliatti, a trader at Williams de Broe in London. "It's good that there is some support for these levels out there, although it's difficult to say whether its technical levels or something stronger," he said. Investors were bullish for technology shares in Tokyo on Friday, boosting the Nikkei by nearly 3 percent to above the 13,000 level in the wake of a tech rebound in the U.S. overnight. South Korea and Taiwan also headed higher after the Nasdaq snapped a three-day losing streak and closed up 3.69 percent, triggering hopes that the recent slide in U.S. technology issues had finally bottomed out. Hong Kong ended slightly lower. Treasury focus Bonds benefited as investors fled equities for the relative security of fixed income government securities. At last glance, the 10-year Treasury note rose 11/32 at 102 4/32 to yield 4.727 percent ($TNX) while the 30-year government bond rose 17/32 reaching 101 28/32 to yield (TYX) 5.249 percent. See full story. In the front end, the 2-year note gained 2/32 to yield 4.17 percent while the 5-year Treasury note gained 6/32 to yield 4.409 percent. In the currency arena, the dollar rose another 0.7 percent to a 22-month high of 124.20 yen while the euro dropped 1.5 percent to 88.35 cents, its lowest rate since late December. Read more on the euro. --------------------------------------------------------------------------------