On background of absence of any fundamental news on Monday, investors concentrated on Friday publications of quarterly reports of the companies.

So, having started from sharp decrease the tenders on Friday, on 20-th of October, in the end of week trade the American stock market was closed mixed.

Among leaders of Friday decrease, first of all, it is necessary to note the company, making memory chips SanDisk. Its quotations on Friday fell at once -20,39 % on the largest volume of the tenders for last year.

The reason of a collapse became the data of the report which exceeded analysts’ forecasts, however thus, the company warned about the falling prices for flash chips.

Let's remind that on the eve in the evening, SanDisk declared about growth of profit by 11 % up to $0,61 for a share that exceeds forecasts by 4 cents. The proceeds increased 27 % up to $751,4 million.

The company expects that the prices for memory chips will fall 15 - 20 % in current quarter, after falling of 25 % in the third quarter, 2006. Citigroup reduced a rating of the company up to "to hold".

On results of the day of SanDisk papers fell $12,52 to $49,14 for a share.

Another leader of drop became the company making heavy technics and other equipment Caterpillar. Papers of the company lost -14,52 % after the company was below analysts’ expectations, dipped expected results of 2006 and declared that 2007 is expected without essential growth.

Let's remind that before opening of the tenders, Caterpillar informed on growth of the profit in the third quarter by 21 % to $1,14 for a share, that below the average forecast of $1,35 for a share.

Sales increased 17 % up to $10,52 billion. The company dipped the expected profit up to $5,05 - $5,30 from $5,25 - $5,50 for a share. In addition, the company informed that sales in 2007 can not change or grow no more than 5 %. As a result, to closing of tenders Caterpillar papers decreased $10,02 to a level of a nine-monthly low $59 for a share.

Shares of other manufacturers of heavy technical equipment closed a sad three of "prize-winners". So, Terex Corp. papers dipped $5,00 to $50,30 for a share, having lost -9,04 % on results of a day. Bucyrus International shares lost $2,41 and were closed at $46,99 for a share, having lost -4,88 % on results of a day. And Vulcan Materials Co papers decreased $4,77 to $79,43. The total decrease made -5,67 %.

And Marin Marietta Materials papers lost $2,69 and were closed at a mark $89,57 for a share. Thus, on last two companies Goldman Sachs reduced recommendation up to a level "to hold".

The positive situation in energy market could not support a consumer spirit of investors. We remind that oil futures fell expecting information, which will confirm execution of the arrangement on decrease in oil production by OPEC countries.

Last day of the tenders of November oil future its falling made $1,68, and the price of closing - $56,82 a barrel.

Positive corporate news also could not support greatly share indexes. So, Microsystems Inc. papers added 0,8 % on results of Friday, having finished the day at a level $5.25 for a share.

Let's remind that next Thursday the company represents the financial quarter report on results of the first quarter. According to Thomson First Call forecasts analysts expect that the manufacturer of the software and computers will promulgate losses of 4 % for a share at sales in volume of $3.2 billion that exceeds a parameter of losses of the last year, which made 1 cent for a share at sales of $2.73 billion.

Shares of the company added 24 % last year.

And Seagate Technology papers, the manufacturer of hard disks, were up 1,9 %, having finished a week at a mark $22.07. The company will inform on the results on Tuesday after the termination of trading session. Seagate

Experts forecast that the profit for a share will make 17 cents, thus the proceeds will make $2.73 billion. It is expected that company’s results will be below than last year due to expenses for purchase of STX competitor - Maxtor Corp.

As a result Dow-Jones index of New York stock exchange was down 9.36 points and was closed at a level 12002.37. NASDAQ index was up 1.36 points and is at a level 2342.30. S&P 500 index grew 1.64 points and is at a level 1368.60.

And 30-years US Treasury notes’ yield fell 0.006 in comparison with the previous closing and makes 4.904.

We still wait for significant correction of key share indexes. Therefore we recommend to keep position outside the market.