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

To: Jerry Olson who wrote (34174)	10/4/2000 10:00:54 AM
From: J_K	Read Replies (1) \| Respond to of 50167

Long ITWO 145 1/4 Long ARBA 109 1/8 Stops in place Edit: stopped out of both positions - down we go again. BEAS and SEBL looking very weak. OJ, good call on NTAP short the other day. Regards, JK

To: Jerry Olson who wrote (34174)	10/4/2000 10:18:56 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

I think the market would rebound after making an inter day test of 3380 area even little lower below the trend line and below the support line, I would not be surprised that we ring 1416 area on cash oreven break the trend line so as to give a fake close today, however we are in oversold territory but in this territory since everyone expects a rebound we test lower before going higher I will wait to enter and will like to add few stocks and throw my protective puts away today..I will cross check the Comp low with the S&P cash support for me 1432 area on SPZ is the area to watch for a bounce..fwiw