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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: john722 who wrote (4499)	3/29/2001 5:30:01 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

Micron Technology's 2nd-qtr results beat forecasts SAN FRANCISCO, March 21 (Reuters) - Chipmaker Micron Technology Inc. (NYSE:MU - news) on Wednesday reported second-quarter results that slightly topped analyst forecasts as sales dipped from year-ago levels. For the quarter ended March 1, Boise, Idaho-based Micron Technology said it had a net loss from continuing operations of $4.1 million, or 1 cent a share, down from a profit of $168.8 million, or 30 cents a diluted share, in the year-ago quarter. The consensus average analyst forecast had been for a loss of 3 cents a share, according to Thomson Financial/First Call. Sales by the leading maker of memory chips used in personal computers fell to $1.07 billion from $1.16 billion last year. biz.yahoo.com

To: john722 who wrote (4499)	3/29/2001 6:43:02 PM
From: Johnny_Blaze_420	Read Replies (1) \| Respond to of 52237

<....... Being Tax time, it's hard to imagine we rally like the charts suggest. There are an awful lot of shorts who should have some big gains. If they didn't lock in gains by now they are crazy (or MM's)......... > that doesn't make sense. if they have big gains from shorting, to realize those gains they need to cover which would push prices higher. no?!? eli

To: john722 who wrote (4499)	3/30/2001 9:49:05 AM
From: Paul Shread	Respond to of 52237

John, I don't know how useful candlesticks are on an intraday basis, since they measure the relationship of the open to the close. They're probably worth something, but I suspect the effect would be fleeting. I don't know what's going to happen with the Nasdaq, frankly. I think the Dow looks great and is holding up the S&P, but the Nasdaq is a coin toss. It's been basing or consolidating for three weeks; I suspect it will break up, but I could easily be wrong. The problem is, those lower falling wedge boundaries still give it more room to bleed even if they hold.