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

To: IQBAL LATIF who wrote (39284)	4/25/2001 3:21:47 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

WE HAD ANICE 2 1/2 DAY PULLBACK AS EXPECTED..NOW WE SHOULD REVERSE UP HERE.. MY MORNING E-MAIL...I AM LONG HERE.. Good Morning.. i had a lousy nite, was sick, will not be in the room this am...if i feel better maybe this after noon..everyone step up to the mic... quick trigger update on our list..took out iVGN added HGSI...I think the markets will back and fill now for the remainder of this week...and then start to rally hard into the FOMC on May 15th...the GDP below 1% along with Consumer Confidence will make the FED cut another .50..I was just thinking they would not cut that much, but they will with a bad GDP... all the charts are pulling back nicely right here...as expected...the question is will they stop falling and reverse back up...by Friday we should know that answer...my guess is absolutely YES!.... HERE'S THE WATCH LIST FOR TODAYS TOP TRADERS.. 1...CHKP...ALMOST A FULL RETRACE DOWN ON THE UPPER END OF THE CHART...59 IS A BIG BREAKDOWN FOR THIS STOCK...60 3/4 THE SS...63 1/4 THE BUY TRIGGER..65 IS THE REVISED 3 BOX REVERSAL UP... 2...EMC---SO FAR IT'S A PERFECT RETRACE, A NORMAL PULLBACK..RIGHT TO THE BREAKOUT NUMBER 38..37 SOLID HARD SUPPORT...39 3/4 THE BUY WITH 41 THE 3 BOX UP..37 1/2 THE SS.. 3...NTAP---ON A PULLBACK...21 1/4 THE BUY TRIG...18 3/4 THE SS.. 4...HGSI---NICE PULLBACK AND PERFECT SET UP FOR A LONG SIDE TRADE IF THE MARKEST REVERSE UP SOON..53 1/2 THE BUY TRIGGER...51 1/4 THE SS..55 3 BOX REV UP.. 5...LLTC---HOLDING THE BRL FORM ABOVE..THE DOWNTREND LINE ON P&F...46 3/4 THE BUY...44 3/4 THE SS.. 6...IDTI---P/B(PULLBACK) LOOKS GOOD HERE...35 1/2 THE BUY...38 BETTER...33 1/4 THE SS.. 7...QLGC---COMING DOWN TO SOLID SUPPORT(S) AT 32..EVERY HIGH POLE TRIPLE TOP CORRECTS WITHOUT EXCEPTION...37 1/4 THE BUY TRIG...35 THE SS.. 8...RIMM---RAN UP OFF THE TRIPLE TOP BREAKOUT..29 TO 39...REVERSED DOWN AND CORRECTED TO 31...IT HAS REVERSED BACK UP 3 BOXES HERE...IF IT BREAKS THE TRIGGER 30 1/2 THATS A NO NO..32 1/2 THE BUY TRIG...COULD BACK AND FILL HERE BUT TO KEEP IT MOVING UP IT MUST PRINT 35 BEFORE THE BREAKDOWN... 9...VRTS---LIKE I SAID A REALLY NICE CHART...ALREADY REVERSED UP SO FAR...57 3/4 THE BUY...55 1/2 THE SS 10...VTSS---VERY SOLID CHART AND PATTERN FOR THIS SEMIS...31 1/4 THE SS...ANY PRINT OF 30 BREAKS THIS STOCK DOWN AGAIN...SET ALERTS..33 1/2 THE BUY TRIGGER..36 KEEPS IT MOVING UP... SEE YOU LATER jerry Jerry Olson Master Class Trader... buyitbuyitsellitsellit.com