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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (31187)4/14/2000 10:51:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Yesterday's action..The whispers, the warm tongue in the ear, then Whack,off with your genitalia. The seduction, the sign of the bear, those last 20 minute rip sell off's, brutal.Nasdaq now off near 30% but the nibbling on the names seems to be there. Yet no resolution in time in the play out. Today watch for the early, (first hour and a half) down-stroke, and then recovery off another extreme low TIC, then follow any late strength/weakness in S&P futures/ NDX. Technical breaks in the DOW and S&P not good as they begin retreat into their base. All big Index pictures near a tandem break of their 200-day moving averages. Can this happen? Total excrement hits the fan if so. Does the Crash Control Unit really exist? We may soon see.

From an analyst I like...