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

To: besttrader who wrote (16477)	4/17/2001 9:24:05 AM
From: CAPTAIN MORGAN	Respond to of 37746

09:16 ET Industrial Production : Surprise increase in industrial production for March; figure came in at plus 0.4%, significantly above the 0.2% decline expected by economists. 09:15 ET Pre-Market Movers : Tech stocks lift off lows of the morning after one analyst (AS) suggests a buy-the-weakness reaction to Cisco warning, feeling that much of disappointment has already been priced into the market. The following stocks are leading the downside action in pre-market this morning: WCII -42%, ATHM -18%, FNSR -16%, ERICY -7.5%, CSCO -7%, AMCC -6%, CIEN -4%, YHOO -3%, SUNW -3%.

To: besttrader who wrote (16477)	4/17/2001 9:26:53 AM
From: DebtBomb	Read Replies (1) \| Respond to of 37746

I'll tell you what happened. There's too much liquidity in the system. Analysts are saying trade CSCO to 20, then sell, can you believe it?? Does that mean they want out at 20?? And, the media reported institutions threw money in the market to flush out shorts. That doesn't seem like the right thing for money managers to do with IRA type money, does it?? This market cracks me up. It's coming apart, IMO.