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To: Jerry Olson who wrote (34489)	10/6/2000 12:50:57 PM
From: James Strauss	Respond to of 50167

Nasty Market... ***************** OJ: The NDX is heading towards the May 3100/3200 support area... We might even see an intraday test of the 3022 low... bigcharts.com New Lows on the Nasdaq continue to suggest that we will test those May lows... finance.yahoo.com Jim

To: Jerry Olson who wrote (34489)	10/6/2000 1:47:27 PM
From: Gary E	Read Replies (1) \| Respond to of 50167

Good morning Jer, I have been lookng for a reason why the Spoos dropped like a rock today....expected to see that Greenspan said something, or hell froze over, or something....but can not find out what....Does anyone know ? Thanks Hal

To: Jerry Olson who wrote (34489)	10/8/2000 11:36:12 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

That was good call OJ on Friday..<<if the DOW cannot break thru 10,850-10,900 we'll see 10,300 to 9800 quickly... NDX can not break thru 3500-3550 thats R there, and i think it will turn now and break the lows...at 3300..it will not hold there...>> I agree if 1415 area is out we are trading a different range that is 1416 top to 1350 bottom that would be extreemly volatile experience but lets see ehat happens today in terms of break, I will take my guidance form SPZ and SPX and with impending earning season I will like to see that I ahve only put options if the break is confirmed today I will not sell or short I will like to make some money from long SPZ options.. like 1380's or even lower 1350..but first let me see that confrimed break many a times this market deceives and on this important support i have this niggling feeling that may be it is a fake break on supports like this one needs to be careful more so when economy is working well and earnings can come little above the sentiment prevelant in the market..