|
Re: This weeks schedule
Monday
morning...+50 (last friday bulls + tiffany good results)
close...-300 (existing home sales + consumer confidence + overbought, will crush market)
Tuesday
morning...-100 (bad 3com results\forecast + durable orders + new home sales)
close...+100 (feeling oversold, we need a bounce)
Wednesday
morning...+100 (oversold sympathy rally continues)
close...+250 (good Oracle results after close)
Thursday
morning...+100 (continued rally + Oracle feel good factor)
close...-100 (GDP + overbought + initial claims will dampen mood)
Friday
morning...+\-50 (looking for direction)
close...-300 (realisation last weeks bull run is over and we are still in recession)
Overall DOW -350 on week
|
