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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (43611)5/29/2001 5:45:00 PM
From: LTK007  Read Replies (2) | Respond to of 56535
 
SUNW CC is BLEAK--they are seeing slowing demand in ASIA and Europe,and say they have no visibility beyond this quarter.(remember "no visibility" is a CODE phrase for "what we see is bad so we ain't talking":).max



To: ajtj99 who wrote (43611)5/29/2001 6:14:51 PM
From: furrfu  Read Replies (1) | Respond to of 56535
 
I'm seeing NDX support around 1775. It's going to be butt-ugly on the street if it goes that low.
No releases tomorrow that might create some support. SUNW did one heck of a job of kicking off warnings, it just might get that ugly tomorrow.
If it gets that bad that fast, I'll probably join you on the calls late tomorrow afternoon.

Doug


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