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To: E.J. Neitz Jr who wrote (42611)8/8/2002 9:23:14 AM
From: DanZ  Read Replies (3) | Respond to of 53068
 
Interesting comments...thanks.

If the market overcomes the resistance levels where shorts are selling, watch how fast they turn into buyers and propel this market significantly higher. Their greed will quickly turn into fear and they'll push the market up even more. Then Joe and Kelvin will wonder what the heck hit them. lol



To: E.J. Neitz Jr who wrote (42611)8/8/2002 10:35:31 AM
From: BWAC  Respond to of 53068
 
OIH at $48? Was $47 earlier today. Oil Service sector not going to do well once Shrub starts his war? Or is this reflective of the cheap oil after he finishes wagging his dog?



To: E.J. Neitz Jr who wrote (42611)8/8/2002 10:55:54 AM
From: BWAC  Read Replies (1) | Respond to of 53068
 
WMT theory. Sales 'only' increased 4%ish instead of 5%ish. Earnings will still increase per press release.

Financial Terrorists jerk around bemoaning the 1% shortfall.

I look at the calendar and think about this new trend toward some States having a Sales Tax Free weekend for Back to School shopping. Covering anything that could loosely be defined as a school expense. Backpacks, to coolers, to clothes, to pens, to crayons, locker supplies, just about anything. Even some stuff that I can't figure out how it applies to school.

Guess when both NC and SC had their tax free weekend? AUGUST 2,3,4. Area stores did record sales.

Purchases were more than likely DELAYED in July, and pushed into the August weekend.

That could also have affected retailers like KSS mainly clothing, and BBY since computer stuff was tax free.

Does anybody know if such Tax Free programs occurred in other states?