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To: Sonki who wrote (26152)	5/31/2000 10:56:00 PM
From: Brian Malloy	Respond to of 27012

Yes, it was a good day for the NAZ regardless of what the talking heads had to say. We did not even pull back 1/3 and the close was above 3,400 even if only by .91 Thursday we want to close above 3,350 from a technical perspective. Friday is pretty much up to the jobs report. Neutral or even slightly negative on the report should be fine. Over the last 50 years the FED has caused nine recessions due to overtightening...let's hope Alan doesn't do the economy in. SOX index is good. However, there is a problem, unless it has recently changed. Your order must go through the Philadelphia Exchange. It trades pretty thin and the market maker keeps wide spreads and will yank your order around. Also, the trade must be executed through a broker and not electronically I believe. Last August I wanted to buy the SOX but it was too frustrating dealing with the procedures and scalping in my opinion. SDLI is awesome, it has already cleared most of the overhead resistance. If the NAZ rallies hard it will slice through the old highs and can take out $300. My only regret is that I did not buy options last week. I looked at them and ended up going with INKT and EMC which have made nice gains but nothing like SDLI. However, if NAZ does make a run, INKT can be at $160 and EMC will break $130. Regards,