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

To: Arik T.G. who wrote (11804)	7/16/2001 3:39:49 PM
From: Chris	Read Replies (1) \| Respond to of 52237

15:24 ET Adobe Systems (ADBE) 39.60 -0.78 (-1.9%): Goldman Sachs beginning to warm up to the stock. While expects ADBE to trade sideways for the summer months, thinks downside risk makes the name more attractive given that other software companies' downside risk is more meaningful going into the SeptQ. Sees stock rebounding to mid-to-high $40s entering the NovQ. 15:07 ET Intel (INTC) 29.47 -0.72 (-2.4%): SG Cowen thinks INTC will have to reduce guidance when it reports tomorrow; sees company trimming revenue outlook to between $6.2 and $6.5 bln vs current consensus of $6.52 bln; thinks that company's latest round of price cuts is likely to kill hopes for an end to falling ASPs in microprocessors.

To: Arik T.G. who wrote (11804)	7/16/2001 6:01:25 PM
From: donald sew	Read Replies (2) \| Respond to of 52237

Arik, >>>> , for the first time in a while there is a clear intraday impulse (EW "with the trend", the famous 5 wave move) pattern developing from yesterday's high on the Naz, today on the S&P, and it's down. <<<< One of the patterns I have mentioned in the past often, for declines of greater than 7%, the probability is high for a retest. Whether the retest fails or holds, thats another issue, but normally theres a retest. I know, the rally off of the APRIL lows was V-SHAPED and heading to the moon. ggggggggggg