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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (33567)	4/2/2002 10:01:07 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

I'm watching two lines on the Dow; chart from yesterday: cache.wsrn.com Nasdaq seems to have turned its falling wedge into a down channel: cache.wsrn.com 10:02 ET Factory Orders fell 0.1%; weaker than expected : February Factory Orders fell 0.1%, significantly weaker than the 1.0% consensus forecast; the weakness was due to a much weaker than expected 2.4% decline in nondurable orders; durable orders were actually revised up to 1.8% from 1.5%. Factory Inventories fell 0.4%, which is quite weak given the perception that the manufacturing rebound is being spurred by inventory rebuilding. This report will be a slight negative, but only slight (Briefing).