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To: IQBAL LATIF who wrote (24183)	3/10/1999 12:02:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Hi IKE hope your well... just did a P&F update on the RUT<G>.... here goes...The index broke a double top on the 8th of Mar, and gave a "BUY" signal....it came off testing it's recent lows at 390, successfully... if it does reverse 3 boxes down at 396, that would be a higher low... it needs to "PRINT" 404 to continue this buy signal... and if it does reverse looks to me that it bottomed, and will now turn up... as the S&P's roll over to the June Contract, this short term consolidation, should break late Thurs into Fri... and hopefully to the UPSIDE, cause i'm looooooong!!!!!!!!<gggg>... see ya pal.........

To: IQBAL LATIF who wrote (24183)	3/10/1999 10:13:00 PM
From: Jerry Olson	Respond to of 50167

Good Evening IKe... FWIW i was watching the RUT today...it looked very good to me... just at the end of the day, it spiked UP! Hard!!! my friend...things are shaping up for an immediate assault on 10,000/... in fact i will update all my P&F indicators tomr...some are starting to look a little better...not much, but somewhat<G>... i think one more will turn positive quickly..it's the Percent of 10, stocks above there 10 week mva...if that reverses up into a col. of X's..we should be off to the races... hope your well... talk to you in the morning.....

To: IQBAL LATIF who wrote (24183)	3/11/1999 1:22:00 AM
From: IQBAL LATIF	Respond to of 50167

Nearly a month ago I highlighted AMGN with a target of 200.. the news.. Amgen Lifts on Postclose News of Drug Pact By Heather Moore Staff Reporter 3/10/99 7:50 PM ET Shares of Amgen (AMGN:Nasdaq) lifted to 71 from a close of 70 1/2 in after-hours trading following an announcement that it plans to collaborate with Praecis Pharmaceuticals on a new cancer drug and that it expects to meet 1999 earnings estimates. The 26-anlayst First Call forecast calls for annual earnings of $1.82 a share vs. 1998's $1.64. The cancer drug that the biotech company will help develop, called abarelix, is designed to help reduce the production of testosterone in men and estrogen in women, thereby curbing the risk of prostate cancer and endometriosis.

To: IQBAL LATIF who wrote (24183)	3/11/1999 1:52:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Rut and BKX both came up strong towards the last hour..RUT coiling up-- look at the charts it is matter of time probably we will take out this 402 and move higher..http://quote.yahoo.com/q?s=%5Erut&d=1ym, with a benefit of hindsight it looks so good..I wrote that <<BKX next resistanc is old high here, if it breaks this 7th Jan high of 873, a couple of breaks above this and you have a big confirmation and a clear run to 953 the old highs, so here we are major indexes hitting a breakout pattern, don't ignore these indexes whichever side the break...We will be seconds early with this watch but a great move can be tapped .>> Sure the BKX broke the old high and we have another close up here we go much higher on all indexes a break of this old high on downsdide will equally lead the SP99H to lower 1251 gap.. Right now the indexes are shaping up for a move up.. quote.yahoo.com^BKX&d=3mm