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

To: Timetobuy who wrote (36646)	10/17/2001 4:40:07 PM
From: puborectalis	Read Replies (1) \| Respond to of 37746

TI Q3 better than expected (TXN) By Lisa Sanders Texas Instruments, which makes most of the chips used in wireless phones, reported a third-quarter loss vs. a profit a year ago as economic uncertainty continued to pressure demand for the company's semiconductors. Dallas-based TI (TXN) , which had maintained revenue and loss estimates since the second quarter, posted revenue above its target and a loss 1 cent better than expectations. On the bottom line, TI reported a loss of $57 million, or 3 cents a share, vs. a profit of $589 million, or 33 cents a share, in the year-ago period. Analysts polled by Thomson Financial/First Call had expected TI to lose 4 cents a share on average. TI had predicted a revenue decline of 10 to 15 percent sequentially, and the chipmaker reported sales of $1.9 billion, a 9 percent decrease. Shares slumped $1.58 to close at $29.91 ahead of the announcement.

To: Timetobuy who wrote (36646)	10/17/2001 9:30:27 PM
From: Dominick	Respond to of 37746

It would be neither a bear or a bull then. Well...yes and no. A trading range could be accumulation, distribution or neutral. For a market to have a significant lasting trend it must be based upon principals, one of them is Cause and Effect. The bullish uptrend, (Effect), must have a cause, (accumulation), and this is normally done via trading ranges. Therefore, I would like to see QQQ take its time in the accumulation phase, (the cause) in order to make a lot of money, (the effect). :)) Regards, Dominick