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

To: Jerry Olson who wrote (26475)	5/25/1999 11:47:00 AM
From: J.T.	Respond to of 50167

OJ, I believe we are going to test 10,330 before dust settles. If market reverses course and fails to hold interday gains today, the probabilty increases big time it will be sooner rather than later and likelihood is by the end of this week. If we hold gains, I believe we see 10,330 on cards sometime by end of next week. 10,330 is key support for me and failure to hold this level has very bearish correction, IMHO. But since we are not there yet, no need to speculate levels. My little bet in DJX says we test and break this level. I do not trade bonds, but I have sneaking suspicion we are going back to test 5.90% yield one more time. Best. J.T.