Wednesday, January 19, 2005

SELLING GOOD EARNINGS

Strong earnings are not generating strong buying interests, particularly in the tech arena. So far, reports from technology stocks have been very strong, (INTC, APPL, YHOO, CHKP, IBM, MOT), but NASDAQ has done nothing except falling. This is not encouraging. Would the same phenomena occur in the material and commodity stocks? Cautions are definitely warranted.


Looks like EBAY and QCOM got killed in the after market. It does not look pretty. Good thing I own almost nothing in tech.





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