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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (59920)2/4/2002 12:22:21 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Wall St.: It's all in the mix
February 3, 2002: 7:00 a.m. ET

String of strong economic data could push stocks higher this week.
By Staff Writer Parija Bhatnagar

money.cnn.com

NEW YORK (CNN/Money) - U.S. investors wanted the evidence, and they were overwhelmed by it. A series of key economic indicators showed a trend towards recovery at the same time that "Enron-itis" grew into a big ugly green monster. Market pros say a battle of the nerves will ensue on Wall Street this week as the bulls and the bears poise for a classic face-off.

"Either you believe the markets or so don't believe the markets. There's no in-between here. The bulls are very vigorous and the bears are very vigorous," said Barry Hyman, chief investment strategist with Ehrenkrantz King Nussbaum.