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

To: IQBAL LATIF who wrote (34479)	10/6/2000 7:28:56 AM
From: Jeff Jordan	Read Replies (2) \| Respond to of 50167

Ike, As usual you are focusing on the key levels. I agree and still carry my nervousness around like weight around my neck. Market sentiment is still poor, rational or not. At some point investors will need to change their sentiment from excess risk aversion to a moderate degree of risk taking. I am keeping faith the positive earnings expectation will soon over take us and begin a rally. I think I can say thank God it's Friday....a good day ahead my feelings say? Yes intuition becoming a useful indicator as traders spirits are raised then dashed at the drop of a hat. As usual this guy Hahn has excellent commentary. Again, valuable insights into M2 and FED activities and other relative concerns. home.att.net

To: IQBAL LATIF who wrote (34479)	10/7/2000 4:01:39 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 50167

Hi Ike well most supports got battered here on Fri.. i had no less than 11 indexs that broke double and triple bottoms on P&F..and i checked each one on all time frames.. this is still in a downtrend for these indexs.. my guess is we bottom Mon or Tues, have a 1 week rally back up toward resistance overhead.. then selloff later this month to bottom out then... the question will be do we break the new lows on the way back down... each rally has been met with waves of sellers...there's a big buyers strike right here so far...no one is commiting funds just yet..not even me<G>... i see where we can go..and where we COULD go if we break whatever the lows are next week, later this month... i am still selling all rallies till i get taken out in a trend change... people can and should be prepared to take short positions and trade both sides of the street, to become a successful trader... exciting times are just ahead... my regards where ever you are??<VBG>... OJ