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To: Venkie who wrote (6571)	3/4/2002 6:05:46 PM
From: stockman_scott	Respond to of 13815

The Naz is poised to move higher... <<..."We have seen probably the worst of the news for some time going forward, and mutual funds have a lot of cash on hand beside the inflows that are coming in," said Keith Brickman, Morgan Stanley's head of Nasdaq trading. "Short of any huge economic shortfall or earnings preannouncement, I think this market is poised to move higher."...>> regards, -Scott btw, there was a nice move in RSTN today...IMHO, its still way oversold....JNPR had a powerful move up too.

To: Venkie who wrote (6571)	3/4/2002 10:33:56 PM
From: Bandit19	Respond to of 13815

from John Murphy...Volume finally show up. MARKET RALLIES ON VOLUME... The Dow Industrials jumped 217 points to the highest close in six months. While that grabbed all the headlines, the NYSE Composite Index broke through its January high as well. Breadth figures were good -- as advancing issues and the number of NYSE 52-week highs expanded noticeably. And, volume finally showed up. Big board volume was the highest in a month. Nasdaq volume was the best in two months. Lack of volume has been the one missing ingredient in the rally so far. It looks like the institutions are finally starting to particicpate, which is a good sign. Once again, the biggest percentage gains were seen in the Nasdaq market, which is starting to show leadership again. Next to technology, transportation stocks had another stellar day and gained over 5% (compared to the Dow's 2%). Airline stocks did especially well. Other market groups leading the advance were the financials, papers, energy, and homebuilding.