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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Luce Wildebeest who wrote (39737)	5/21/2001 4:37:16 PM
From: IQBAL LATIF	Respond to of 50167

<``The expectation is CEOs of tech companies are going to start whistling a different tune, saying business is dismal but not as dismal. That gives investors light at the end of the tunnel that the profit recession is going to end,'' said Hugh Johnson, chief investment officer at First Albany Corp. ``In the early stages of a bull market, tech stocks do well. When you are about to come out of a profit recession, tech stocks do well.''>

To: Luce Wildebeest who wrote (39737)	5/22/2001 2:26:18 PM
From: James Strauss	Respond to of 50167

Cal: With the 5 day MA above the 13 day MA the Nasdaq is building a short term to intermediate term uptrend... siliconinvestor.com With the 13 day MA above the 20 day MA on the Nasdaq we can see the power of the uptrend... It takes a lot for the 13 day MA to get above the 20 day MA... siliconinvestor.com To further support the intermediate term uptrend argument we have the 5 day MA above the 40 day MA... siliconinvestor.com It's bullish when the short and intermediate term indicators are moving in the same direction to the upside... Jim