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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (36654)	4/3/2002 12:39:58 PM
From: Johnny Canuck	Respond to of 68623

SONS bucking the trend today on above average volume and no news. I have a buy signal on the NDX, but no confirming indicator on the SOX. I still expect a bounce at 1780, but the weak counter rally from the morning session is start to put that in doubt. Low on ESST at 18.65 would have been a decent entry for a scalp. Stop loss at 17.25. No position right now.

To: j g cordes who wrote (36654)	4/3/2002 8:14:40 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68623

16:32 ET After Hours Movers Prices vs 4 pm ET close -- DELL +0.53 bidding up after reiterating Q1 EPS outlook and raising revenue guidance; large cap tech names also higher in sympathy include: INTC +0.30, MSFT +0.30 and SUNW +0.10. 16:25 ET WDC Western Digital issues upside pre-announcement for Q3 (6.00 +0.01) Company issues upside preannouncement for Q3; sees earnings of $0.08 per share versus the current consensus estimate for earnings of $0.04 per share; sees Q3 revenues of $590 mln versus the current consensus estimate of $562.5 mln. [Harry: The strength in the bottom of the food chain PC suppliers like WDC is indicating a re-bound. The re-affirmation of DELL confirms it partially. We need to check if WDC supplies to someone else besides DELL. If they don't supply DELL at all them, improved sector demand may be more broadly based than DELL indicates.]