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

To: IQBAL LATIF who wrote (20919)	10/16/1998 12:20:00 PM
From: steve susko	Read Replies (1) \| Respond to of 50167

You have been the voice of reason here. I did detect a overwhleming bearish views on SI last 7 days even with the key reversal last thursday. Wish I had listen to your reasons more intensely. When bond hit 133 or 134 thereabout, I check out the Commitment of Trader report and found the commercials been heavily short for weeks and know something's up, but couldn't put my finger on it as well as you did. We are now clear 1000 points from last Thursday low, I think it will retrace some percentage of the 1000 points. As I wrote Nasdaq already gave up almost all the day's gain. What do you think? Do you see a short term retracement? Also, are you playing the call options on SEG and COMS? if so what month? Thanks. Still learning.