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To: IQBAL LATIF who wrote (31185)	4/14/2000 8:04:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

just looked at the DJIA on P&F....we are at a triple bottom at 10,950 area..if we break this, the triple bottom would take us immediately to 10,600..the middle of the P&F trading band... what could be good is if we bottomed yesterday into the cycle low... today for me is very critical..as it is for you...a good CPI might do it... and of course the COMPX is right at last Tues low..for a double bottom there...any break takes us right to the 200 dmva at 3400...

To: IQBAL LATIF who wrote (31185)	4/14/2000 10:57:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

We had a strong CPI as I built in one of my scenerios, hit the 1420 level on SPM and a bounce back to 1437 now the remaining part is the 1458 plus close.. lets see if it happens.. if that happens I will like ALTR CSCO IBM PMCS..and others.. <<Friday, Apr 14, 2000 7:53 AM ET Reply # of 31191 however a breach of 1425 will lead us 1380 or 1350 area, if we hold this support at 1458 (that I expect) if CPI is in line, or even if it not the sell off is now viewed positive for a slow down of the economy, we may see a strong CPI a sell off to 1442 or 1425 area and a bounce back to 1458 and a close above that. If that happens we should see 1482 taken out in a weeks time and next objective should be 1518-1522 with 1540 as the objective.>>

To: IQBAL LATIF who wrote (31185)	4/20/2001 2:39:42 AM
From: IQBAL LATIF	Respond to of 50167

A big bear call..... Message #31185 from IQBAL LATIF at Apr 14, 2000 7:53 AM Idea 14th April 2000.. calling for possible 2800 0n Comp.. <<Today for me is the important day a break of 1458 on closing basis will be a second in a day a poor signal, however look at Comp now ..http://www.quote.com/quotecom/livecharts/default.asp?symbols= the low has already violated the Jan 10 lows and that is now a test today to see if these are closing lows if that happens and inter day of 3rd April is out we are in a sticky territory, it completely goes along with 1458 break, so for us this 3600 or 3624 plus and minus 50 points given the volatility is the pivot of reversal today, I cannot pin it but the 'B' formation is just not their, it has to be a basing wedge that is missing in a free fall and quick move up B can be seen clearly, here it is little obscure but I think that worst night marish break would be above 60% from 2800 to 5100 Comp move that 60% sits at nearly 3600, so if 60% is violated on two closing basis we are looking confirmed bear medium term and a test of 2800 is probable, that was the pre Oct 99 resistance which was blasted big time in this run..http://www.quote.com/quotecom/livecharts/default.asp?symbols=..