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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (8499)	4/24/2001 12:36:26 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

William: The path of least resistance for the Nasdaq and tech will still be to the downside for the next 30 days or next FED rate cut... The earnings warnings cannot be ignored no matter how they sugar coat the meeting of reduced expectations... Drops in revenue and deep earnings cuts when compared to last year still make many of these once high flyers too expensive in today's valuation oriented environment... We'll need to see companies beat their earnings expectations on a consistent basis to build a little momentum back into the market... Jim