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


To: Chris who wrote (16935)8/28/2001 10:10:39 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Dow broke down out of a broadening pattern in the intraday chart. Some have today as a big Fibo turn date, Hahn and others.

GDP tomorrow; consensus is for flat 2Q. Stephen Roach expecting -0.2%.



To: Chris who wrote (16935)8/28/2001 10:15:46 AM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
I saw a slightly different spin in the version I saw at briefing.com:

"August Consumer Confidence just released at 114.3, much lower than the consensus of 117.5. This is the lowest since April as increasing job cuts are having effect on consumers....Initial market reaction is lower."

One sucker rally after another, it seems.



To: Chris who wrote (16935)8/28/2001 10:46:49 AM
From: stockman_scott  Read Replies (1) | Respond to of 52237
 
Is Real Estate the next big market to take a dive...?

dailynews.yahoo.com

Best Regards,

Scott