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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (39922)	7/17/2003 3:28:19 AM
From: Johnny Canuck	Respond to of 72032

2:54AM Electrolux Q2 EPS declined 8.9%, sales fall 10.5% (SE:000010381) by Steve Goldstein LONDON (CBS.MW) -- Electrolux (SE:000010381), the Swedish appliances giant, on Thursday said second quarter net income dipped 8.9 percent to SEK5.1 per share on a 10.5 percent drop in sales to SEK33.1 billion. It said the operating margin of 7.2 percent is one of the highest in recent year. It still expects lower operating profits for the full year than in 2002, and said market demand for appliances in the second half of the year should be flat or slightly up in both Europe and North America. 2:48AM SAP says gained market share in Q2 vs. rivals (SAP, DE:716460, ITWO, ORCL, JDEC, PSFT, SEBL) by Emily Church LONDON (CBS.MW) -- SAP (SAP) (DE:716460), Europe's largest software maker, said Thursday it believed it gained market share in the second quarter in the U.S. against its U.S. rivals. Second quarter 2003 revenue in the Americas region were down 15 percent to 506 million euro, it said. Yet at constant currency rates, revenue in the Americas rose 6 percent, it said. "The company continued to outperform its U.S. based competitors, as it believed it continued to gain market share in this region." SAP said it based the claim on based on software revenues against rivals i2 Technologies (ITWO), J.D. Edwards (JDEC), Oracle Corp. (ORCL), PeopleSoft (PSFT) and Siebel Systems (SEBL). It said that for the vendors who have yet to report or pre-announce second quarter sales, SAP used analyst estimates.

To: Johnny Canuck who wrote (39922)	7/17/2003 3:37:23 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 72032

Modifcation to index system. Adding T2110, number of stock trading one STD above their 40 day SMA. If the indices are stuck in a trading range T2110 indicates they should bounce tomorrow and move up. T2110 is reading 38.96. T2113 still indicates overbought. It reads 4.91. Technicals on the COMPX confirm the index is in an indeterminate sideways move. It can go either way. T2110 indicates that move will be up. This is earnings season though and options expiration week so anything can happen, but I would guess most people bet the indices would finish up be options expiration. Tomorrow is day three of the sell off so a bounce is expect tomorrow or Friday.