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To: Jerry Olson who wrote (961)	7/7/2002 3:51:52 PM
From: Jerry Olson	Respond to of 1854

MY MORNING E-MAIL TO DA TROOPS...AT 8.19 AM...FRIDAY... $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Good Morning all... hope your 4th was as nice as mine... ok we have the JOBS report at 8.30 always market moving,,,we are set up for a monster rally this am... we got past Mon/Tues down move as i posted..we got past the 4th without incident... if the report is bullish we are off to the races for the next 2-3-4 weeks up and into earnings... we already know the markets are deeply oversold on all indexs and all indicators.. this week..i wrote the P&F short term indicators reversed up..well what with all that carnage Mon/Tues they reversed down quickly...they are all right at a LINE that will now move up or down at the whim of the moves in the markets..but i think the NEXT reversal back up will hold for a bit longer... i remind you all this is nothing more than a DCB here in the context of a bear market rally...period... in my Sunday letter i'll talk about my meeting with my sources from Asia, it does NOT look good...and thats for the semis sector...so we'll talk about that event over the weekend... keep your stops in place here if you take any of these longs below...you should wait for the jobs report at 8.30 if good go long and hold over the weekend... good luck... INTU---BUY IT AND HOLD IT... ERTS--A PERFECT PB(PULLBACK) BUY AREA.. VSEA---HELD THE BOTTOM AND ALREADY GUIDED HIGHER QCOM--HELD 25 3 TIMES READY TO POP QLGC--POWERFUL BOUNCE COMING HERE..SHOULD BE WILD ON THE UPSIDE MTON---THIS STOCK CHART LOOKS GREAT ON THE DAILY AND WEEKLY..NICE.. MERQ--ALSO READY TO RALLY.. MSFT---ANY PRINT OVER 54 MAKES IT REVERSE BACK UP AND HEAD TOWARD 56/57... ESST--VERY NICE CHART ANY BREAKOUT OVER 17 1/2 VERY POSITIVE... THESE ARE THE BEST OF THE BEST THAT I SCANNED..BUY 2-3 AND HOLD USING LOOSE STOPS...SAY 5% OF THE STOCK PRICE ONCE YOU GET IN..THEN TRY TO MOVE IT UP SLOWLY AS LONG AS WE CONTINUE UP NEXT WEEK... I DID A FIBO RETRACE HERE FROM THE MAY TOP TO THIS WEEKS LOWS...ON THE FUTURES ES02U... THE .38% AREA IS THE 20 EMA ON THE DAILY AT 1003... THE 50% RETRACE BACK UP IS 1024 BETWEEN THE 20 & 40..SO LETS WATCH FOR THESE TARGETS FIRST TO BE HIT...THERE HAVE BEEN SELLERS AT THE 20 EMA EVERY SINGLE TIME IT TOUCHED IT.. WILL IT HAPPEN AGAIN???..WHO KNOWS...LATER ALL... BEST REGARDS JER Jerry Olson MasterClassTraders.com jerry@masterclasstraders.com buyitbuyitsellitsellit.com