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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (77677)	5/31/2001 9:22:48 AM
From: Chispas	Read Replies (1) \| Respond to of 99985

Briefing.com's comments 9:10AM: Bullish bias in futures trade has faded some as the jump in initial claims and a slew of cautious comments from Wall Street firms regarding earnings prospects for the likes of JDSU, CPQ, ALTR, XLNX and ORCL have weighed on sentiment... Continued revision of EPS estimates serving as a reminder that the earnings environment remains fairly bleak, and consequently, traders are finding reason to question the extent of the rally from the April lows...