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To: IQBAL LATIF who wrote (30865)3/13/2000 7:25:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
Morning Ike..

hope all is well with the family...

we have a cycle low coming this week around Thurs/Fri..and depending on the magnatude of this drop this week, will dictate where we head from there...

both the QQQ & NAZ are parabolic and have to correct a bit...what with all the news this week, CPI & PPI & Retail sales, AG next TUes, option exp week...this could be interesting<G>...sure will be volitile...and tradable....

i'll be watching your calls each day to set my supports and resistance numbers...

earnings will drive this market higher again after this much needed respite...

regards, OJ...



To: IQBAL LATIF who wrote (30865)3/13/2000 9:48:00 AM
From: the options strategist  Read Replies (1) | Respond to of 50167
 
IQ how are ya? Want to see if I understand you.

In a couple of hours into the market(on an uptick), long puts on qqq's are a possibility.

If DOW holds 9800 and SPH hold 1382, a signal to look to go long in some of the DOW sectors?

Thanks as always. Hope you will remember to click daily for those 2 cups of donated food to the hungry.

jj


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