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

To: IQBAL LATIF who wrote (37389)	3/21/2001 7:53:32 AM
From: Jerry Olson	Respond to of 50167

Morning Ike excellent call on Japan... we will now have a sideways consolidation for 2-3 days, before we rally up here from a very skewd oversold bias... the FED did exactly what they should have done...it will work on down the road... i am watching the Book to Bill this wek..81 last time..should be a bit weaker i would surmise... we are almost 100% oversold on the P&F bell curve chart for the NAZ...i will initiate a QQQ long trade later this week...maybe even today..leg into it for 2-3 days... all bets are off if we break 500 SOX...SPX 1120 then 1180 hard support there, if we get there... hope you and the family are all well... best OJ

To: IQBAL LATIF who wrote (37389)	3/22/2001 12:38:50 AM
From: JDinBaltimore	Read Replies (1) \| Respond to of 50167

Hi Ike, Been busy... Here's some more facts of silk you can 'SPIN' into GOLD. Was at car dealership yesterday, lease was up on my Company Car. I was the only customer in the joint for 2 hours. Driving home heard on radio GM in Maryland will layoff 1000 workers next week in an attempt to align ballooning inventories with demand. So as Japan enjoys it bear market rallies, the U.S. Markets Spin in to the ground at the speed of 'Mir', and you continue to spin all facts into the rosiest of scenarios I'm paying for another ticket to stay on the ride down. Have been short since October, remained short all this year, and will continue to be short, in and out, as the bulls keep antying up, at each support level, so keep on averaging down with the likes of BRCM, didn't you pick a bottom on that back in January in the 90's? Must take a chunk of change to average that PIG down to 20's 10's whatever... OUCH! SCMR in the 40's MOT, NOK, MSFT, INTC, CSCO OUCHHHH! Just become a BEAR and all will be fine!