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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (25973)	5/2/1999 10:20:00 AM
From: Jerry Olson	Read Replies (2) of 50167

IKE as always nice call... my comment of GDP being benign, was, well HA!, was not right...i thought we would hit 3-31/2%..and squash any fears of inflation... as it is..inflation seems to be ok at the monent...along with everything else... both the SPX & OEX had a beautiful pullback to higher lows on Fri...some P&Fers were talking about how it would be nice if that did happen..well it did... i've noticed at each major milestone 8000-9000-10.000, we consolidate move sideways for awhile then move up again...it's perfectly plain, in the charts of these indexs...beautiful charts, showing exactly where we were going... look maybe this time we'll selloff..who knows...but right now..i cannot predict the market direction, i just follow it...all indicators on P&F are very bullish at this moment...and pointing UP!!!!..they are NOT overbought either... neither are the sectors...the nets corrected twice already, and hard at that..but they've also consolidated at higher lows... anyway...i'm trading the plan...folowing your posts, targets et all, and very happy to be here today!!!!!!! waiting for tomr....regards guy...have a good one...

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