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

To: IQBAL LATIF who wrote (37569)	3/28/2001 7:43:52 AM
From: Jerry Olson	Respond to of 50167

Morning Ike.. well we rallied up as expected off an oversold DCB for now.. To me it;s this next 3-4 weeks that will determine the strength or further weakness in the markets.. the NAZ went nowhere here..and a break of 1750 is not good.. DOW i expect it to hold at 9500... SOX 580 would be super...and then a reversal back up off that 3 box retrace down... but we are in warnings season, and forward guidence will be worse than before...some of these stocks will continue to selloff...the 2ndQ will probably be the bottom area of this continuing deceleration...we are still moving lower everywhere...and we are not done correcting..albeit at a slower rate... after earnings season runs it course..if the FED cuts one more time..that to me would signal the bottom...we need another rate cut now... best to you OJ

To: IQBAL LATIF who wrote (37569)	3/28/2001 11:13:54 AM
From: IQBAL LATIF	Respond to of 50167

I think that if DOW and BKX hold this 9740 and 835, we shall see some recovery from here. after that number of yesterday we will see intensity much lower.