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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Haugland who wrote (8247)11/7/1997 8:58:00 AM
From: marc chatman  Respond to of 13456
 
Employment figure initially killed rally in the bonds. Don't recall exactly, but the wage number was greater than expected. Now bonds coming back.

All tech stocks called way down on open, including INTC.

DMG reported that LSI cutting cap spending by 50% -- it will kill the semi-equip companies today and take the SOX down. I don't follow SOX technicals, but I hope it finds support.



To: Richard Haugland who wrote (8247)11/7/1997 9:17:00 AM
From: marc chatman  Read Replies (1) | Respond to of 13456
 
Dick, it may also mean that WDC is phasing out TFI sooner than APM expected. Just speculation on my part, but something to consider.



To: Richard Haugland who wrote (8247)11/7/1997 9:33:00 AM
From: Rudy  Read Replies (2) | Respond to of 13456
 
Ohhh boy. Looks like it'll be quite ugly today. eom.