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

To: IQBAL LATIF who wrote (40996)	10/12/2001 8:31:59 AM
From: Jerry Olson	Respond to of 50167

Morning IKe my friend..hope all is well with you and yours..really enjoying the comments here...a lively bunch now<g> as to the markets...we have rallied off the bottom for 2 weeks now...i would be ultra cautious here into the macro cycle lows of Oct... i'm thinking we could have a retest of the lows...or..make a higher low..or just break right thru the recent lows... i can say..that ALL OF THE P&F INDICATORS I READ AND WATCH ARE NOW BULLISH....our Offense is on the field right now, with one eye opened for events that could tank the markets... i think what will happen is that we'll make a higher low...then would be a good time as we reverse back up off that low to take long type position trades... there is nothing out there economically or fundamentally that looks good....yet<g>.... this is not the time to be wildly bullish..period... keep up the great work.. best always OJ