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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (5711)11/14/2001 4:57:49 PM
From: t2  Respond to of 99280
 
Excellent observations. Negative reaction to earnings misses is going to be the signal..at least for the shorter term traders.



To: DlphcOracl who wrote (5711)11/14/2001 5:37:34 PM
From: ajs  Respond to of 99280
 
More than anything else, the beginning of negative reactions to earnings misses will signal to me when the market is due for a correction of the recent strong advance.

Response to NTAP earnings was pretty negative today. And NTAP has been pretty hot lately.

FWIW.



To: DlphcOracl who wrote (5711)11/14/2001 5:54:55 PM
From: DlphcOracl  Respond to of 99280
 
Just heard on CNBC that Senate has either blocked or tied up economic stimulus package. I was half-listening and didn't get the details. However, the perception that a 100 billion stimulus may be delayed by partisanship and pork-barrel politics may be a story which plays out over the next few weeks that weighs negatively on the market.