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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Slagle who wrote (329)	5/23/2005 2:18:48 PM
From: Walkingshadow	Respond to of 4814

Well, believe it or not: biz.yahoo.com Dow, Nasdaq Advance on Apple-Intel Talks Monday May 23, 1:33 pm ET By Michael J. Martinez, AP Business Writer Dow, Nasdaq Post Gains As Investors Cheer Report on Apple-Intel Microprocessor Talks NEW YORK (AP) -- Wall Street extended last week's rally Monday, pushing stocks higher as the bullish mood was buoyed by news that Apple Computer Inc. was in talks with Intel Corp. to use Intel microprocessors in the Macintosh computer line. Wall Street was cheered by the Apple report as such a change could be the biggest shift in the Mac's makeup since it came out in 1984 and could make the machines less expensive. Investors looked past a surge in oil prices -- a barrel of light crude rose 65 cents to $49.30 on the New York Mercantile Exchange -- and remained optimistic after last week's strong rally. However, many investors remained on the sidelines ahead of the release of the Federal Reserve's May 3 meeting minutes and the latest reading on the gross domestic product, due later this week. ============== Wall Street was "cheered"? Do you happen to know if they have cheerleaders on the floor of the exchanges? .....just asking..... ;-))) T