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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31570)	5/25/2000 10:31:00 AM
From: Jeff Jordan	Read Replies (1) of 50167

Ike, I'm less confident this morning about the market convincingly breaking/holding above SPX 1408. I'm not convinced we have enough depth of conviction on the current move. The divergence w/ the DOW suggests I'm correct. I see a trading range of 1368-1408 for a little while even though many stocks are in an oversold position. Now we have a 3 day weekend. I'm told Memorial day is one of the best days historically to buy. Aren't we closed that day? I guess they mean Friday/Tuesday? I'm very cautious especially with the uncertainty in MSFT <g> You got CNBC in Paris? I guess you do! I got to get out more<g> Message 13774516

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