I'm pulling out of this list - I'm tired of all the SPAM! [EMAIL PROTECTED] wrote:
> > > <http://www.zurichinvestmentgroup.com/eng_tempban.gif> > <http://www.zurichinvestmentgroup.com/signews.htm> > The Zurich Investment Group Newsletter > > > > <file:///E|/Zurich/shim.gif> > > U.S. Market Update > > .Global Quantitative Strategy > > Monday > March 25, 2002. > <http://www.zurichinvestmentgroup.com/subscribenow_eng.gif> > <http://www.zurichinvestmentgroup.com/signews.htm> > > <http://www.zurichinvestmentgroup.com/zuckerman.jpg> Mark Zuckerman > Managing Director > Research > Zurich Investment Group > E-mail <mailto:[EMAIL PROTECTED]> > ------------------------------------------------------------------------ > > <file:///E|/Zurich/images/spacer.gif> > > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > Market Comment > The market appears to be working hard to do something but remains stuck > in a range. The DJIA and Nasdaq both have good support and resistance > levels within a few percentage points either way, and although the > market may look volatile on an intra-day basis, the overall movement for > the near term could continue to be basically flat for some time, in our > opinion. > [for more subscribe here > <http://www.zurichinvestmentgroup.com/signews.htm>] > > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > <file:///E|/Zurich/images/spacer.gif> > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > > <http://www.zurichinvestmentgroup.com/ch/arrowRight.gif> -U.S. Market > News <http://www.zurichinvestmentgroup.com/signews.htm> > <http://www.zurichinvestmentgroup.com/flagfin_us.gif> > <http://www.zurichinvestmentgroup.com/us_pic.jpg> NEW YORK -- The Dow > broke a five-week winning streak as investors braced for the > first-quarter pre-announcement season, which kicks into full gear over > the next couple of weeks. > [for more subscribe here <http://www.zurichinvestmentgroup.com/signews.htm>] > > ------------------------------------------------------------------------ > <http://www.zurichinvestmentgroup.com/ch/arrowRight.gif> _Asia Market > News <http://www.zurichinvestmentgroup.com/signews.htm> > <http://www.zurichinvestmentgroup.com/flagfin_asean.gif> > > <http://www.zurichinvestmentgroup.com/asia_pic.jpg> TOKYO- Fears over > the government's reluctance to take additional anti-deflation steps > dampened Tokyo's market sentiment, sending stock prices sharply lower > Friday. > [for more subscribe here <http://www.zurichinvestmentgroup.com/signews.htm>] > > ------------------------------------------------------------------------ > <http://www.zurichinvestmentgroup.com/ch/arrowRight.gif> _Europe Market > News <http://www.zurichinvestmentgroup.com/signews.htm> > <http://www.zurichinvestmentgroup.com/flagfin_euro.gif> > > <http://www.zurichinvestmentgroup.com/europe_pic.jpg> LONDON - After > more than a month, where all signs pointed to recovery, investor > enthusiasm seems to be waning as markets struggle to break out of their > current trading ranges. > [for more subscribe here <http://www.zurichinvestmentgroup.com/signews.htm>] > > ------------------------------------------------------------------------ > <http://www.zurichinvestmentgroup.com/ch/arrowRight.gif> _Taiwan Market > Update <http://www.zurichinvestmentgroup.com/signews.htm> > <http://www.zurichinvestmentgroup.com/flagfin_taiwan.gif> > > <http://www.zurichinvestmentgroup.com/taiwan_pic.jpg> 1. Local consensus > is for the TAIEX to range between 5,900 and 6,250 this week. Taiwan's > economy is in a strong cyclical recovery phase. Taiwan's leading > economic indicator (LEI) due out this Wednesday, forecast to continue > rising. U.S. economic figures due out Tuesday, March 26 -- durable goods > and consumer confidence. Thursday, March 28 -- final 4Q 2001 real GDP > growth number out. > > 2. Taiwan domestic mutual funds average equity holdings 81.0% (up 0.54 > percentage point); OTC funds average 87.0% (up 0.78 percentage point), > as of March 22. No major change week-on-week. > [for more subscribe here <http://www.zurichinvestmentgroup.com/signews.htm>] > > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > <file:///E|/Zurich/images/spacer.gif> > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > > > > > > > > DOWJONES > 10,427.67 > -52.17 > -0.50% > > NASDAQ > 1,851.39 > -17.44 > -0.93% > > NEWZEALAND > 2067.71 > +7.73 > +0.38% > > TAIWAN > 6178.08 > +37.66 > +0.61% > > HONGKONG > 10863.07 > 0.00 > 0.00% > > FTSE100 > 5250.50 > -2.80 > -0.05% > > NIKKEI225 > 11261.11 > -83.97 > -0.74% > > AUSTRALIA > 3377.40 > -4.20 > -0.12% > > <http://www.zurichinvestmentgroup.com/images/spacer.gif> > <file:///E|/Zurich/images/spacer.gif> > > <file:///E|/Zurich/shim.gif> > > <file:///E|/Zurich/shim.gif> > > Equity Analysis > > <http://www.zurichinvestmentgroup.com/morgan.jpg> > James Morgan > Senior Analyst > E-mail <mailto:[EMAIL PROTECTED]> > > The recovery is "different" in that it is front-loaded, the inventory > drawdown exceptionally severe and it is more likely that consumption > will slow rather than accelerate. > Specifically, top of the list is the "upside- down" behaviour of US > consumer spending. Next comes the almost unprecedented severity of the > global inventory run-down last year, when 9/11 caused an abrupt > reduction of activity in many sectors on top of large cutbacks that had > already been implemented. Also on this list of special factors is the > way that the tech sector led the world economy down last year. > [for more subscribe here > <http://www.zurichinvestmentgroup.com/signews.htm>] > > <file:///E|/Zurich/shim.gif> > Market Report > > <http://www.zurichinvestmentgroup.com/monica.jpg> > Monica Marais > Senior Analyst > E-mail <mailto:[EMAIL PROTECTED]> > > - Growth Stock: HOLD-rated SLR reports 2Q EPS at bottom of its range. > - Value Stock: Reiterating BUY on Ford and $22 target price. > - Value Stock: Increasing target price on BUY-rated HCP to $45. > - Value Stock: Raising target price on BUY-rated BR to $51. > - Utility Scope: Raising price target on BUY-rated PGN to $55 from $50. > [for more subscribe here > <http://www.zurichinvestmentgroup.com/signews.htm>] > > > > <file:///E|/Zurich/shim.gif> > > Equity Analysis > > <http://www.zurichinvestmentgroup.com/wong.jpg> > Joseph Wong > Senior Analyst > E-mail <mailto:joseph.wong@zurichinvestmentgroup> > > Companies Included > CHKP Nokia's move would favorably impact CHKP's top line growth while > supporting its high margins. > FNM Bi-partisan legislation was introduced late Wednesday that would > repeal Fannie Mae and Freddie Mac's exemption from SEC requirements. > FRE Bi-partisan legislation was introduced late Wednesday (March 20) > that would repeal Fannie Mae and Freddie Mac's exemption from SEC > requirements. > [for more subscribe here <http://www.zurichinvestmentgroup.com/signews.htm>] > > <file:///E|/Zurich/shim.gif> > > <file:///E|/Zurich/shim.gif> > > <file:///E|/Zurich/shim.gif> > > > Zurich Investment Group E-Mail Center > subscribe <http://www.zurichinvestmentgroup.com/signews.htm> or > unsubscribe <http://www.zurichinvestmentgroup.com/unscribe.htm> > to Newsletter at Zurich Investment Group Ltd. > ________________________________________ > > Copyright � 2002 Zurich Investment Group Ltd. All rights reserved. > Zurich?????????? > ?? <http://www.zurichinvestmentgroup.com/ch/chsign.htm>???? > <http://www.zurichinvestmentgroup.com/ch/unscribe.htm> > ??????Zurich???? ________________________________________ > > ????2002?Zurich???? >
