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To: IQBAL LATIF who wrote (37542)	3/27/2001 10:47:38 AM
From: Stoctrash	Respond to of 50167

yez...Ike,, explosive little rally here, "better to short you from my dear" <GGG> Will it be a porn star and have saying power? I doubt it. Maybe not today..but it will go limp :-)

To: IQBAL LATIF who wrote (37542)	3/27/2001 1:18:40 PM
From: Cabo Eddy	Read Replies (1) \| Respond to of 50167

Ike, what do you think is going to happen around DOW 10,000? I'm getting ready to dump the index calls I bought last week and roll them into puts for the next wave down. Do you think DOW 10,000 will be tough to get through or do you think 10,300 will provide the real resistance? I know we differ on the current direction of the market, but I still appreciate your trading levels and strategies.

To: IQBAL LATIF who wrote (37542)	3/27/2001 1:22:42 PM
From: James Strauss	Read Replies (2) \| Respond to of 50167

Ike: Port In A Storm... ********************** The Dow, S&P and Nasdaq are above their 34 day Linear Regression Lines in price and OBV... This suggests a change in character in the market that could establish the bottom... The reaction to more positive economic news is contrary to the "please the FED" paranoia we've been experiencing the past 6 months... If 9600 on the Dow holds, and 1800 on the Nasdaq holds, we will have seen the bottom... In addition, if the S&P-500 closes above 1250 it will have completed a bullish reverse head and shoulders pattern... That could really set up a big and broad market breakout rally... Any failures in the above would suggest that the BEAR has not yet been satisfied... Keep up the good work as a shining beacon of reason in the murkiness of the seesawing market noise... Your reasoned daily wisdom is like a Port In A Storm.. Jim