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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (25750)	6/1/2001 10:34:27 AM
From: StormRider	Read Replies (1) \| Respond to of 37746

10:30 ET Dow -54, Nasdaq -9, S&P -8.15: [BRIEFING.COM] Lower across the board now as the Nasdaq has slipped into negative ground. Going back to the NAPM release, May's number dropped relative to April. This is this first weakening after three consecutive modest improvements. Orders also fell, to 45.5% from 45.9%. These figures are consistent with the sharp decline in manufacturing payrolls reported earlier in the May Employment Report -- both reports suggest the manufacturing sector remains in recession. In a separate report, construction spending rose 0.3% in April, which was close to expectations. DJTA -1.4%... DJUA -1.5%... SOX +0.9%... XOI -0.6%... BTK -0.1%... Nasdaq 100 +0.2%... S&P Midcap 400 -0.2%... Russell 2000 -0.1%... NYSE Adv/Dec 1170/1404... Nasdaq Adv/Dec 1436/1463.

To: Paul A who wrote (25750)	6/1/2001 10:41:28 AM
From: DebtBomb	Respond to of 37746

Paul, short term through June, I think if warnings continue with bad guidance like DD and SUNW, etc., the market will be under pressure. July through August may be a different story after warnings. Why would anyone buy any stocks in front of all of these warnings and guidance in June??