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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (5151)	2/21/2005 10:24:10 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

I'd say long traders would be well-advised to be pretty nimble, set tight stops, and content themselves with lower profit expectations this week. T

To: Vendit™ who wrote (5151)	2/21/2005 11:36:35 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Hi Reid, Looking forward a bit at potential catalysts, earnings season is really winding down. Hard to see where any positive (or negative) boost there will come from, unless there are unexpected mid-stream changes in guidance. But there's always economic reports. This week, there is the Consumer Confidence on Tuesday, the CPI report and FOMC minutes on Wednesday, Durable Orders and Intitial Claims on Thursday, Q4 GDP revision and Existing Home Sales on Friday. Any of these could affect the market if they deviate from expectations. Particularly the CPI and FOMC minutes will be closely watched given the surprisingly high core PPI last week, and Greenspan's "conundrum" comments. T