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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (17549)3/4/2002 6:22:14 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 23786
 
Yeah, mine too, a wedgie right up my arse.

The CFZ Ewave thread is talking about an expanding triangle on the dow. Some guy on another site called for this latest rally using ewave.

I could get the link to that site, but this is what they are looking at.
stockcharts.com[h,a]daclyyay[d20010304,20020304][pb50!b200][vc60][iub14!la12,26,9][J3363019,Y]

Here it is, this chart was made a could of weeks ago.

sandspring.com



To: Lost1 who wrote (17549)3/5/2002 12:49:16 PM
From: John Pitera  Read Replies (1) | Respond to of 23786
 
The Market is looking at what Q3 earnings are going to be

are they going to be up over 100% year over year?

This time around, the earnings recovery may help the market less than it has in the past. Enron's bankruptcy, tougher enforcement by the Securities and Exchange Commission and crackdowns by accounting firms could depress investor enthusiasm in years to come. "All these behavioral changes mean 2002 earnings will be somewhat less than they would have been," Hill adds.

Key numbers to watch are those in the technology sector. Since mid-January, analysts have been substantially boosting already aggressive estimates for S&P 500 tech earnings, to a 23% year-on-year decline in the first quarter, from a 33% drop previously forecast; to a 42% gain in the second quarter from 33% gain; and to a 140% gain in the third quarter, from 125%.


online.wsj.com