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To: long-gone who wrote (67536)4/12/2001 8:03:39 AM
From: Rarebird  Read Replies (1) | Respond to of 116972
 
The rally in the NAZ over the past week was based on the belief that pre-announcements were out of the way and we saw broad based buying. HAHAHA! But there is no fundamental catalyst for the rally. Yesterday the rally was attributed to SSB's positive call on the semi's and was funded by the old economy names. It looks like a classic bear market suckers rally, which will be completely retraced and then some. It feels like buyers are waiting for a pullback before buying. This may mean we have a further leg to this rally before the next decline begins in earnest.

Investors Intelligence of New Rochelle, N.Y., reported Wednesday that 44.5% of investment advisors surveyed last week were bullish, lower from last week's total of 48.9%. Bears lowered to 37.0% last week from 38.3% the previous week. Those expecting a correction climbed to 18.5% last week from 12.8% the previous week.

Got Gold?
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To: long-gone who wrote (67536)4/12/2001 8:52:30 AM
From: Rarebird  Read Replies (1) | Respond to of 116972
 
Israeli Helicopters Fire Missiles on Gaza Strip

Wednesday, April 11, 2001 09:51 AM EDT

GAZA, Apr 11, 2001 (Xinhua via COMTEX) -- Israeli fighters and helicopters
Wednesday afternoon fired two missiles on the Gaza Strip, a Xinhua correspondent
reported.

No reports of causalities are available so far.

The Israeli helicopters are stilling hovering over the city of Gaza, the report
said.

In an overnight raid Tuesday, Israeli ground forces entered the Palestinian Khan
Yunis refugee camp in the southern Gaza Strip and destroyed 11 buildings
suspected of serving as bases for Palestinian mortar attacks on Israeli
settlements and army positions.

Two Palestinians were killed and more than 50 others were injured in the
attacks.

This was the first time that the Israeli army entered the area under full
Palestinian control since the outbreak of the current Palestinian Intifada, or
uprising, against Israel six months ago.

More than 450 people, most of them Palestinians, have been killed, and thousands
more wounded since the Palestinian uprising began last September.

Copyright 2001 XINHUA NEWS AGENCY

News provided by COMTEX

comtexnews.com