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To: Jerry Olson who wrote (29274)	10/14/1999 12:44:00 PM
From: tech fool	Read Replies (1) \| Respond to of 50167

Also, rising RSI on both SPX and BKX double bottoms, while DOT and SOX are holding. Hopefully, we're reading the signs correctly...

To: Jerry Olson who wrote (29274)	10/14/1999 1:00:00 PM
From: Lee	Read Replies (1) \| Respond to of 50167

Hi OJ,..Re:.bonds look lousy..but the VIX spiked to 30.43...should mean short term rally..me thinks.. Jerry, apparently consensus forecast for tomorrow's PPI is pretty high per the remarks from the site below. I was looking for that to cause a final 'buying opportunity' before everything finally started to rally. US DATA PREVIEW: TOBACCO, ENERGY PRICES TO BOOST SEPT PPI economeister.com WASHINGTON (MktNews) - The combination of higher energy prices and a surge in tobacco prices stemming from litigation settlements is seen boosting producer prices in the U.S. during September, analysts said. The median forecast of a Market News International survey of 18 economists is for a 0.4% increase on the month within a range of up 0.3% to up 0.7%. The core rate is also seen rising 0.4% according to the median within a range of unchanged to up 0.8%. There is some risk of an even higher number as historically, PPI has been underestimated by 0.3 percent points in the past two Septembers, with the core showing underestimations in four of the past six years Looking at CSCO Nov 65 calls and IBM Nov. 110 calls. Also looking at QCOM Nov 220 calls but they're pricey! <g> Maybe Nov. calls are too close in? JDSU 150 calls might be good too! Too much to buy for too little moolah! LOL! Bill Gross from PIMCO thinks 6.5% yield is the buying opportunity for bonds. Not sure what that is on the Dec bond though we might be close if 6.34% corresponds to 110^31.<g> Maybe I can figure it out, 20 more bp = -24 or -48 more ticks?! <g> Best, Lee