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To: Jerry Olson who wrote (230)5/16/2002 8:35:21 AM
From: Sharck  Read Replies (1) | Respond to of 1854
 
FUTS dipping on housing starts down 5.4%, jobless claims up 2000, both slightly weaker then expected....

Housing Starts fell to 1.55M; Claims rise to 418K; both slightly negative for mkt
Housing Starts fell 5.4% to a 1.55 mln unit rate in April, but Building Permits rose 0.3% to 1.634 mln. Though the Housing Starts figure will be a disappointment, the uptick in permits will prevent this from being interpreted too negatively. Claims edged up 2K to 418K, above the 405K consensus; highlights concerns that there hasn't been much followthrough on the jobs front in this recovery.

Here are a few home builders to watch for weakness/short set ups tho an increase in building permits may soften any downside potential:

finance.yahoo.com



To: Jerry Olson who wrote (230)5/17/2002 8:28:34 AM
From: 2MAR$  Read Replies (1) | Respond to of 1854
 
IMCL better long than short from yesterday off $11's , see PDLI bounced off $10's the other day , I missed it
(I also miss shorting it in the $40's too !

ADSK getting a little DCB here too tried scalp-long @$13

lot of little profitable scalps on the cheapies
off these recent los ....

have NVDA reporting next week ,

QCOM was a honey of a short there till $25's held , been
a great stock to trade OJ .



To: Jerry Olson who wrote (230)5/17/2002 8:31:11 AM
From: 2MAR$  Read Replies (1) | Respond to of 1854
 
DELL sells more notebooks to biz sector...hehe ...

I bought one , P~4 1.7GHz and it's a honey !

see some R on AMAT here , should be a fun day to do some bottom fishing maybe

;-)