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

To: Dave Gore who wrote (24556)	1/25/2002 10:09:55 AM
From: Sully-	Respond to of 99280

10:02 ET Economic Data : Existing Home Sales fell 0.8% to 5.19 mln in December, almost exactly in line with the consensus of 5.18 mln; though down a bit in December, the pace of sales continues to hold up exceptionally well. This is a positive economic data point, but is unlikely to have any market impact. 09:43 ET Sector Watch : Declines are relatively broad based but the losses for the market averages are modest thus far. Pacing the way to the downside are: storage, Internet security, networking, software, computer-hardware, wireless, airline, drug and biotech. On the upside are gold, and energy. Upgrade by Banc of America (see 07:52 comment) and firmer crude oil prices underpinning the latter.