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

To: IQBAL LATIF who wrote (34599)	10/10/2000 10:56:19 AM
From: Jerry Olson	Read Replies (3) \| Respond to of 50167

Morning Ike... my current problem is with the forward look of this market...not worried about last Q, it;'s the next 2-3 quarters that seems tenuous at best... as we all know the market always forward looking...it does not have the look it did over the last few years.. but i could be wrong..as for my current short term views... any rally still should be shorted..but these rallies are almost non existant???? there is no energy no excitement..no thrust to these rallies... maybe earnings will do the trick..but i doubt it...i think now all surprises will be on the negative side... the charts say so...nothing has changed my mind... and now OIL is spiking up again..another negative...there are sellers at all rallies in these stocks we follow..people are getting beaten up taking long positions against the trend days like we've seen...they think we are at the bottom??? sure doesn;t look that way to me...rally or no rallies.. we'll probably break the May lows..soon enough... watching and waiting.. best to you OJ