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

To: Jerry Olson who wrote (26097)	5/6/1999 11:07:00 PM
From: Hans	Read Replies (1) \| Respond to of 50167

OJ, I see you are less bullish. And its about time. I've been bearish (and wrong) since december. One shouldnt go against momentum. Glad to be on the same page for a while. -Hans

To: Jerry Olson who wrote (26097)	5/7/1999 1:05:00 AM
From: J.T.	Read Replies (2) \| Respond to of 50167

Nice job Juice. Nobody is going to want to hold long positions going into the weekend with yields backing up ferociously as they have been in the past several days. Friday has been the worst trading day for longs in the week (with Monday's the best). The whiff of (asset?) inflation in the air, tight labor markets, consumers spending wildly, and savings rate at an all time low (cuz it's all invested in the market), all excuses for the market to correct its excesses and move back to 200 DMA across the board all indices. The RUN FOR THE ROSES IS OVER. The market is on fumes. Short IDEAS anyone? J.T.

To: Jerry Olson who wrote (26097)	5/7/1999 2:13:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I think the sell off in internets from 643 to 611 alongwith break of Comp below 2500 and BKX 892 I am extremely cautious I will recommend a long put position on SPm, I think we will see 1292 in next few sessions if 1355 is not breached by Monday, I would think that let this market fall and go thru 550 on internets, we will see some good levels to enter, it is not that anything fundamentally has changed it is the percepetion and that counts in am akret sitting at new high.. The only big rally I expect is from settlement or cease fire in Kosovo over the weekend, otherwise I will be sitting and relaxing..