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


To: IQBAL LATIF who wrote (34342)10/5/2000 10:34:08 AM
From: Jeff Jordan  Respond to of 50167
 
>>>if i get this 1444 close on two days basis I will think that lot of shorts will have to cover.. <<<

There's no doubt the market is oversold going into earnings.
I was comforted on 1418 and 1428 cash holding the last 2 days....I feel very close attention should be paid to the election polls now. Should the market think a Gore win the markets will price a real slow down and I won't be very happy. It's way to early to make any such predictions....Americans love change not to mention the underdog, and we love fresh ideas. I will not bring my personal opinions into this since they are quite strong.

Let the rally begin...

BTW, my test was already met... 2 days above 1438, staying above 1452 is my next idea,but 1448 is my next number I will be watching