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To: IQBAL LATIF who wrote (31490)	5/18/2000 1:44:00 PM
From: greenehugh	Respond to of 50167

Agree with your comment regarding future economic activity and believe a lousy durable goods report would kick off a new bull. Also, the thick bearish sentiment on the boards is a good contrary indicator. The utilities and the financials seem to looking six months out.

To: IQBAL LATIF who wrote (31490)	5/19/2000 3:23:00 AM
From: Karim Allana	Read Replies (1) \| Respond to of 50167

According to Rightline Split Report... "Traders and investors are making hay while the sun shines! As the latest TrimTabs fund flow numbers show, hard cash came off the sidelines into the stock market at an astounding rate on Friday and Monday. An impressive $9.2-billion poured into U.S. stocks over the two day period. As long as inflows stay strong, it will be difficult for the bears to gain any ground." With so much money sitting on the side lines, I think we are in for a rally. Most stocks are making lower highs and lower lows, forming a tight wedge pattern. We are getting ready to move one way or another, soon. Happy Investing Karim

To: IQBAL LATIF who wrote (31490)	5/19/2000 6:52:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Morning Ike... do you have the NAZ futures down -210.50???? i have looked at all my P&F Index charts..they are all heading much lower, unless we rally late today and reverse back up hard.. otherwise i see a definate test, of the Apr 14th lows on all indexs... my cycle guys have today as ONE possible date for the lows...and if we cannot rally up, next Fri the 25th as the bottom date..but at much much lower numbers...2800/2900 NAZ for sure... i do not like the charts of the big cap TECHs..weak and getting weaker..they are all heading the 200dmva...it better hold... i do not see any chance of any meaningfull rally yet..not in the face of the rising rate environment, and commodities too..i looked at some commodity charts..all are moving much higher here... what with falling employment, higher cost of doing business now begining to creep into the markets...any negative new eco report will tank this market...OIL Ike is up over $30 again..negative for the PPI & CPI this month and next... i am short here the QQQ & OEX and several stocks with 2 longs that will get murdered today..they will become long term "investments" now<G>... my regards guy..OJ

To: IQBAL LATIF who wrote (31490)	5/19/2000 7:00:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Ike EDIT that NAZ futures number QCharts had it at 210...CNBC has it at 82....CNBC knows everything<VBG>.. 210??? a precursor for today??? S&P's are heading down toward 1400, 1st test, if it don't hold there?? 1384 again...and maybe lower...