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

To: GROUND ZERO™ who wrote (33341)	9/21/2000 7:31:36 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 50167

Morning GZ.. well i got a 1 day and 1/4 rally for me to exit my long calls..nicely... i looked at all the indexs on P&F...nothing that i see says we are in any kind of bullish move here.. in fact this type of chart pattern says when we rally back up..you can bet your house between now and the end of OCT we will test and break these lows for sure.. the DOW broke thru the BSL Bullish Support Line...negative..any rally back up toward 11,000, and my guess we'll rollover and move a lot lower from there.. same with the SPX-OEX-NDX-COMPX...we will come down off any rally up and test the lows... as i said in the last 2 weeks or so..no one should be lulled into this bottom type thinking..this is not the bottom.. and stock prices while looking cheap..can and will get alot cheaper...why average down??? daytrading is the only way to go???..this is the best way to make a living each and everyday..and go to cash at night... safe..solid..and relaxing... while expect another bounce..i will continue to short all rallies... regards OJ