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

To: Paul Shread who wrote (16564)	8/23/2001 5:31:05 PM
From: martin001	Respond to of 52237

Yeah I remember that but apparently noone else does <g> It could be argued that times are so bad that they have been forced to restructured. And frankly I find that most forecasts are biased on the optimistic side. Having said that this is the type of news that markets cling to (bulls that is). If this gets sold then we know we are going lower on the other hand..... FWIW I went long when the news came out so I have placed my bets for the time being. M

To: Paul Shread who wrote (16564)	8/23/2001 8:12:27 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 52237

Paul: In an oversold market, that thing sells. Don't you remember INTC reiterating its capex for 100 times and getting a bounce from it? In is not the announcement itself so much sometimes as the nature of the market at the time of the announcement. Who knows if it sticks. If it causes other shorts to cover, you could get a nice rally. Or they could fade it.