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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (64341)	8/1/2002 11:05:26 AM
From: SusieQ1065	Read Replies (1) \| Respond to of 208838

Leigh Stevens 8/1/02, 10:58:36 INDEX Comments: Nasdaq Composite (COMPX) has support beginning around 1290 - but area of interest to me technically is the top of its chart gap at 1286 - the gap extends down to 1262. Some or all of this gap should get "filled in" - the LESS that it retreats into this area, it tells us something about the level of support or buying interest that is underpinning the market.

To: SusieQ1065 who wrote (64341)	8/1/2002 11:08:15 AM
From: DebtBomb	Read Replies (1) \| Respond to of 208838

Yeah, I'm thinking re-load. Saw this last night, thought it was interesting: Cornered, With No Way Out The 1990?s Clinton/Greenspan credit bubble leaves the Fed no attractive options. In every direction it looks, the Fed finds itself backed into a corner with "no way out." Once realization comes that the economy and the markets aren?t coming back, there is going to be a very severe reaction in the financial markets. The one area to watch is the dollar. Foreigners now own $9 trillion of US financial assets. Those assets are taking a beating with falling financial markets and a plunging US dollar. When some of that money decides to leave our shores, the day of reckoning will be upon us. The excesses of the 90?s will be dealt a severe retribution in the financial markets. There is also the $3 trillion in US equity funds. Up until this time, most investors have been in a state of denial, preferring not to look at their financial statements. At some point when the Fed can?t control the financial markets through intervention and spin, I suspect that John Q. Public and his neighbors are going to be heading for the exit gates at the same time. Trading curbs could be a daily feature of the financial markets if they don?t lock up. financialsense.com

To: SusieQ1065 who wrote (64341)	8/1/2002 11:13:57 AM
From: SpinCity1	Respond to of 208838

djia needs to add 23 points onto 30 stocks to break even. i only see maybe 5 points tops that it can not add on- so we are at 18 points. then who can add points to make up the 5 and go green. I think that there are easily 5 stocks that can end up plus a point. From even can we add points? I think so. MSFT, IBM down for no reason. Their balance sheets do not look like some of the Nas. sheets.