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


To: The Freep who wrote (21224)10/9/2001 5:37:33 PM
From: Paul Shread  Respond to of 52237
 
It's certainly a consolidation after a decline off a rising resistance line, so taken together, it could break down. Seems to be a symmetrical triangle, so draw the trendlines and wait for the break, I guess. I'm stumped on the meatball.

Today was a distribution day, I believe; volume higher than yesterday on both exchanges.



To: The Freep who wrote (21224)10/9/2001 6:05:36 PM
From: Paul Shread  Read Replies (3) | Respond to of 52237
 
18:06 ET Motorola (MOT) 16.72 -0.67: -- Update -- Company reports Q3 net loss of $0.07 per share, in line with the consensus estimate; reports Q3 revenues of $7.4 bln versus the consensus estimate of $7.54 bln; going forward, company says the events of Sept. 11 make near-term forecasting more challenging; believes the unpredictability of future military and other responses associated with a global war on terrorism will be offset by the positive near-term stimulus of tax relief, interest rate reduction and a massive infusion of liquidity by the government; had previously expected positive economic growth in the first or second quarter of 2002.

Briefing