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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (26100)	5/7/1999 7:17:00 AM
From: Jerry Olson	Read Replies (1) of 50167

Morning IKE while i am sitting on cash, i am still very bullish...a good empl # and the end of the War, would give a nice boost toward 12,000... lots of money sloshing around out there..if their selling bonds, they have to put the money somewhere... i just feel a lot better, took some preasure off, and will plunge at a moments notice...<g>... i have a nice list of explosive plays on the agenda..don't even have ONE PUT!!!...not ready to play the downside yet... i see the second close below good support on the NAZ 2500...we should at some point test the recent lows of 2329... however both the SPX & OEX have NOT given sell signals...it could happen today..we'll see...don't want to guess, i'll know what action to take as these indicators move one way or the other... my 2 early warning P&F indicators are overbought right now...they have to correct at some point..i'm going to try to beat them to the punch if i can....:>} have a nice one guy..say hi to the family please...

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