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

To: HammerHead who wrote (7035)	5/4/2001 2:46:04 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 52237

watch! I want to make some money!!! gggg

To: HammerHead who wrote (7035)	5/4/2001 3:01:21 PM
From: Hawk	Respond to of 52237

FROM BRIEFING.COM The major indices trade near the day's best levels again as the rally isn't fading in afternoon trading. The Dow has cleared the 10,900 level which has served as resistance over the past week or so. If the markets can put together a solid close, which looks likely based on the intraday trend and market internals, the blue chip index may manage a close over this level for the first time since February 13. The market rally over the past month comes in the face of a number of potentially bearish obstacles. Specifically, 1) uncertainty surrounding corporate earnings in an uncertain economic environment, 2) concerns that energy costs will serve to further drag on economic growth and 3) more recent evidencethat the consumer side of the economy is beginning to deteriorate. Running counter to the bearish indications, Congress has just passed a sizeable tax and the Fed is aggressively easing to stimulate economic growth.