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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (16434)4/16/2001 10:07:40 PM
From: DlphcOracl  Read Replies (4) | Respond to of 37746
 
Just a hunch, but...

After CSCO's dismal conference call and today's semiconductor downgrades, NASDAQ will open tomorrow at or near "limit down". However, it will show surprising (and unwarranted) resiliency and retrace at least 50% of opening losses by the close. It seems as if investors are temporarily in a forgiving mood.

P.S. A dismal report from INTC after the close may change that, however.