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To: Kelvin Taylor who wrote (48351)5/30/2003 10:04:45 AM
From: Larry S.  Respond to of 53068
 
GLW breaking out. after setting new 52 week high yesterday, stock up another 7% today. stock consolidated for 3 months between 5.20 and 6.20, then broke out yesterday. next major resistance i see is 10, though should pause at 8.50. stockcharts.com[h,a]daclyiay[de][pb200!b50][vc60][iut!Lh14,3!La12,26,9]&pref=G baby bells new initiative is likely a factor in the belief that spending in the fiber optic sector is likely to rebound. jmho larry



To: Kelvin Taylor who wrote (48351)5/30/2003 10:32:12 AM
From: Beachside Bill  Read Replies (2) | Respond to of 53068
 
Well I am still out and over 80% cash. Must be an election year about to crumble. I give housing no more than two months before it starts crashing. Apartment occupancy is too low to provide anymore real demand in the future. Mortgage rates have eaten up pent up demand from the 1999 and gone beyond in the next few years of demand. Time to raise property taxes, it's next.

Now let's see, the president will create 250,000 new jobs even though we lost a million since the first of the year. Add on the millions in RE and homebuilding layoffs to come and whoopee.

Just give me a signal to short.