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Strategies & Market Trends : the Women of SI -- Ignore unavailable to you. Want to Upgrade?

To: Rainy_Day_Woman who wrote (1595)	3/5/2002 8:51:08 AM
From: Rainy_Day_Woman	Read Replies (1) \| Respond to of 1691

8:40AM: The futures are indicating a bit of profit taking after the market has rallied the last two sessions. The Nasdaq and Dow have risen 6.8% and 4.8%, respectively since Friday's open...Intel (INTC 31.85) gets an upgrade from Morgan Stanley analyst Mark Edelstone to Strong Buy from Outperform...UBS Warburg downgrades some airline stocks (LUV, AMR, DAL) following the post-9/11 rebound....On the economic front, ISM Services Report due at 10 ET. Briefing.com expects the non-mfg index to track manufacturing ISM higher. The risk is for a stronger jump given healthier service sector.... S&P 500 futures are trading 4.7 pts below fair value while Nas 100 futures are 7.4 pts below fair value. Nas 100 PMI -4.