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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (34471)	10/6/2000 9:12:28 AM
From: Jerry Olson	Read Replies (3) of 50167

Monring IKe i hear you..will not post daytrade's here.. they truly do not belong here...just having fun tho<G> only my current market thoughts..direction with targets.. there is nothing that i see, that says we are out of the woods yet...not on any chart i see??... the markets weak...lifeless...no buyers as yet.. my guess is we chop sideways to down thru mid week next week..till earnings start to come in... if we break 1436ish on the SPZ we are going down quickly..3 times it held..it won't hold again... i feel this small rally we had is already out of steam and we are at resistance on the charts... if the DOW cannot break thru 10,850-10,900 we'll see 10,300 to 9800 quickly... NDX can not break thru 3500-3550 thats R there, and i think it will turn now and break the lows...at 3300..it will not hold there... i am still selling all rallies and will continue to do so..till i am stopped out with a change of trend... the trend is still down for now... regards.. OJ

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