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

To: Chip McVickar who wrote (32995)	9/12/2000 2:42:57 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 50167

Hi Chip, With the weakness in the oils today, these stock markets should have rallied with some conviction, they didn't do anything but sit there aimlessly... I'm inclined to agree with OJ on the markets here... it seems that every rally is a struggle... it looks very suspect and if the NAZ continues lower, I don't think the SP's could resist the selling pressure.....I just closed out my long SP positions and took short positions... GZ

To: Chip McVickar who wrote (32995)	9/13/2000 5:10:38 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Hi Chipper the NDX hit Carpinos target number exactly on the number???? 3610...absolutely amazing...SPX his downside was 1471...not bad.. looks like we finally bottomed very short term... i am not comfortable going very long yet..but will play this bounce and the short this rally next week... the market and the big cap techs are going lower...all supports are broken, and we'll see dead cat, bear market rallies for now... i will not position trade till late Oct early Nov..period.. i am in daytading scalp mode<G> it's works well and feels right... i am in cash every night...warnings are still coming in here everyday...everyday.... so we'll see Mr. Chip<g>....let's see how far we move up from this first test.. it will be interesting... regards OJ