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

To: adcpres who wrote (5134)	4/5/2001 2:27:44 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

SOX is really on a breakout. Could lead to more shorts covering today and tomorrow to be flat for the week (shorts have had a good week!) The Employment report is the trigger tomorrow. But what I am trying not to get caught up in is "how" to read it: too strong and the fear of no rate cuts, too week and we face the R word. One key thought I have heard today is, has the environment significantly changed in one day? I don't think so, there is still plenty of news left to come out and if it is anything like what we've been hearing, I don't expect it to be positive. watch out for the land mines ;) The weekly charts this weekend will sure be interesting...

To: adcpres who wrote (5134)	4/5/2001 2:29:13 PM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

The Fed can lower as much as they want; they have room to go as low as 3%, IMHO. They are completely missing deflationary signs. That said, one stronger than expected report seems to be enough to spook the market. I don't know what to expect tomorrow; one more thing that makes these interesting times. ;-) Heinz is still looking for a turn tomorrow or Monday, probably down; if the market is still up through Tuesday, that turn would be up. His next big turn is April 23.