Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Trumptown who wrote (35688)	3/1/2002 3:39:30 PM
From: ChrisJP	Read Replies (2) \| Respond to of 99280

Looks like today is a short covering day -- look at NTAP, MTON, and as you noted, KANA. Chris

To: Trumptown who wrote (35688)	3/1/2002 4:47:09 PM
From: Dave Gore	Respond to of 99280

4:14PM Stocks break out on ISM data by Julie Rannazzisi - Market Pulse Stocks registered meteoric gains Friday, with another deluge of sunny economic news catapulting the Dow to its best finish in over six months. The market's focal point was a key index revealing that the long-suffering manufacturing sector grew in February for the first time in 19 months. The Dow and Nasdaq both closed at session highs, with the latter posting its best close in two weeks. Momentum picked up significantly in the final hour of trading and all 30 of the Dow's components ended higher. The Dow Jones Industrial Average ($INDU) spiked 262 points, or 2.6 percent, to 10,368 as Intel, IBM, Intel, Microsoft, Walt Disney and Boeing rallied heartily. The Nasdaq Composite ($COMPQ) rallied 71 points, or 4.1 percent, to 1,802 and the Standard & Poor's 500 Index ($SPX) ran up 2.3 percent. Volume stood at 1.43 billion on the NYSE and at 1.88 billion on the Nasdaq. Market breadth was decidedly solid, with advancers blowing away decliners by 22 to 9 on the NYSE and by 23 to 12 on the Nasdaq.