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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (57331)	3/13/2003 3:46:38 PM
From: Sully-	Read Replies (2) \| Respond to of 65232

Well, you should have a fair idea of how things will go tomorrow before the open. On the economic calendar, we have Business Inventories, Core PPI, & PPI, Capacity Utilization, Industrial Production & Michigan Sentiment- Preliminary. Of course news on the war on terrorism (OBL capture, etc.) or regarding Iraq could change everything. I'm skeptical about this advance though. Earnings are not going to be robust by any means. Oil/gas prices have been a tremendous strain on spending & on the cost of production. War jitters have put a lid on corporate & consumer spending. The advance/decline today is not expanding & is no where near where it was the last time the market was this high. Equity P/C is bearish. Blah, blah, blah........ And the market keeps going higher & higher & higher. OOF Ö¿Ö