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

To: Jerry Olson who wrote (32283)	7/19/2000 1:31:23 PM
From: Canuck Dave	Respond to of 50167

S&P low of 1481. Not a bad call, Jerry. Not bad t'all. You get these cycle lows and highs from a commercial service? Might be worth an investment, though they were wrong picking a strong rally around June 12. Lost a few bucks that week. CD

To: Jerry Olson who wrote (32283)	7/19/2000 5:33:04 PM
From: Peace	Respond to of 50167

Well they decided to go down as quickly as we went up. My initial target of 3885 was based on the 4th wave not overlapping with the 1st wave. We retraced 1/2 the NDX rally from the 3600 area. We could go down to 3800 which would be a 62% pullback. Anything lower than that and we will be in bigger trouble. But I think we start higher tomorrow and after Greenspan is out of the way resume this interrupted rally. The market ignored Intel's earnings, let us see if IBM and AMD numbers get noticed.