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

To: Murrey Walker who wrote (58964)	8/14/2003 4:30:55 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Blackout also in Detroit, Toronto, Hartford, Albany, Cleveland NYC & NJ - no reason given yet for power outage - per CNBC

To: Murrey Walker who wrote (58964)	8/14/2003 5:10:28 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

CAVEAT: I still think the economy is improving, just not as dramatically as has been predicted. Well Murrey, the talking heads & analysts told us IN April, May, June & July that stocks were ramping in expectations of really good forward guidance indicating a marked increase in economic activity in the 2nd half of this year. There is a laundry list of big tech companies guiding in line & also stating flat out that they do not see any clear signs of increased IT spending, increased Cap Ex spending, semi growth, etc, etc. Considering that most companies only met or slightly beat lowered estimates compared against last years lousy numbers & they aren't calling for blue skies ahead, what will push stocks higher? Where were you when the lights went out (he said cryptically)?