41. Greg Nie, technical analyst at Kemper Securities in Chicago, said another slump in the dollar curbed stock buying interest.
42. Investors are weaving in and out of the Dow and Nasdaq for two key reasons, said Gregory Nie, technical analyst at First Union Securities.
43. Most analysts have given up on adjusting forecasts on a weekly basis, and many traders and technical analysts are now throwing around some truly frightening figures.
44. Richard A. Dickson, technical analyst at Hilliard Lyons, said the Enron debacle has made many investors uneasy about complicated corporate structures.
45. Ricky Harrington, senior vice president and technical analyst at Interstate-Johnson Lane in Charlotte, N.C., said traders started the day enthusiastic about the recovery.
46. Tech companies have inflated stock prices to work off, as well, said Ricky Harrington, a technical analyst for Wachovia Securities.
47. Nomura Securities chief technical analyst Tatsuo Kurokawa said the US share price declines prompted investors to dump Tokyo shares, especially those in hi-techs and telecoms.
48. Some technical analysts say the Dow and other stocks could see a major correction soon.