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Politics : Idea Of The Day

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To: Jerry Olson who wrote (26471)	5/25/1999 11:34:00 AM
From: J.T.	Read Replies (1) of 50167

Thanks O.J., Keep us posted on this early indicator change to see if there is follow through in the coming days. As for the market: If the DOW gets through 10750, next stop is 10,830 serious resistance and I think we head back down from either of these two levels. Personally, I would be taking profits off the table in here as this will be best trading day of the week, IMHO. Here is another interesting twist why SOX is not moving higher: COX Commission report about Chinese espionage has serious implications for chipmakers like MOT. Believe me this is not noise and has raised the bar in trade relations with China and chip stocks. Just some thoughts. J.T.

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