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

To: IQBAL LATIF who wrote (33228)	9/19/2000 8:00:20 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Morning Ike.. while i expect a 1-2-3 day bounce from oversold levels..i will short all rallies till i am proven wrong.. the seasonality of this trend is deja vu..each year for the last few years we have seen this exact reaction in the markets good times or bad..amazing.. i will not fight the trend short term thats for sure... new broken trend lines will now become resistance points, that the markets and indexs will have to break back thru on the way up... i have looked at every chart on P&F..they are becoming even more negative day by day... i will not even hazzard a guess about where this bottom is coming...who knows... i would dearly love to dump some calls i have this week, and then short this rally hard... one things for certain..bearish sentiment is on the rise...good for us bulls<g>... people continue to say, well if we selloff this Sept then Oct will be a surprise to the upside???? oh yeah<g>?...we'll see... right now i am bearish, will sell every rally, and continue to look to the short side with every opportunity that i can find...stock charts look terrible right here on all the big cap techs...as they rally back up they are shortable... i can not find one good reason to own any of them right here... OJ the bull, with a very bearish outlook...i need a rally here<VBG>