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

To: SusieQ1065 who wrote (78851)	10/19/2002 3:25:36 PM
From: 2MAR$	Read Replies (1) \| Respond to of 208838

called a relife rally , and by the looks of it they were mighty relieved after seeing IBM and Citi and a few others escape the guilloutine oh I meant "relief" Lazurus effect ...just have to see it coming , which it sometimes does after warnings and things get so beaten down ...they do bring out the bargain hunters . who cares trade it , log the $$$ , and short it later . MSFT --->to the moon ! ;-) PS: speaking of CITI , well knew I should have dipped it back at $28 , several times <G>

To: SusieQ1065 who wrote (78851)	10/20/2002 1:10:09 PM
From: SirRealist	Read Replies (1) \| Respond to of 208838

275.36 (Sept 5th) and 283.91 (Aug 5th) are the next 2 resistance points for the SOX, and the 50 ema is right between the two. That little bit is sufficient to move the COMP to 1350 in the next 2 days... which continues to set up its reverse H&S pattern. There's a lot of SOX support at 245 for a pullback point and resistance at 305/325 to contain it thereafter. So many bigs report this week that it's hard to bet much short though, till the COMP hits 1330-1355. The bigs that report tail off from about Wed 10/30 till Wed 11/6, and reporting semis tail off after this coming Thursday..... Gold & silver start reporting Tuesday... So even though we could peak as early as Tuesday, I won't be looking for massive pullbacks before 10/28. Looking to July, when gold sank hard in this comparable week, and how MMM acted Friday, and the news from JNJ, I'd say the odds are good for a Monday G&C on the indexes and for the rally to resume Tuesday or Wednesday.... I'd recommend: --Monitor BVN (Tues), MDG PDG(Tues AH), AEM (Wed), GG (Wed AH), ABX DROOY (Thur), HGMCY (Fri), SIL LIHRY (Mon 28th), AU (Thur 10/31). --Monitor the SOX, the $USD, and, since FRE also reports Wed; I'd monitor that too. This group of 14 should help define where the major indexes are going. FYI, the other gold/silver companies report: HL (Election Day pre-mkt), NEM (Wed 11/7 pre-mkt), RGLD (Wed 11/7), GLG (Mon 11/11), RANGY (Wed 11/13), TVX (Thur AH 11/14), and though I can't find fresh dates for 'em, GFI and KGC reported 8/1 so 11/1's a good guess and PAAS reported 8/8 so 11/8's the guess there. I couldn't find SSRI or CDE reports at all.