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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Runomo™ who wrote (29436)	1/29/2008 3:17:00 PM
From: Chip McVickar	Read Replies (3) \| Respond to of 208099

Tis looking like a serious recession from Briefing.com 3:05 pm : Stocks make some modest gains, and are now trading slightly below their best levels of the session. Buying interest has been broad-based. As of Jan. 25, 160 S&P 500 companies have reported earnings. 59% have beat expectations, 14% have been in-line, and 28% missed, according to Thomson Financial. This is close to a typical quarter that sees 60% beat, 20% meet and 20% miss. The financial sector has had the most dismal results, with the majority of companies missing estimates. Financials earnings are expected to drop 104% compared to last year. If financials were removed from the S&P 500, earnings would rise by 11.3%. DJ30 +75.20 NASDAQ +3.55 SP500 +5.77 NASDAQ Dec/Adv/Vol 1351/1574/1.60 bln NYSE Dec/Adv/Vol 1136/1973/1.02 bln