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To: donald sew who wrote (24270)5/26/1999 12:25:00 PM
From: Jerry Olson  Read Replies (4) | Respond to of 44573
 
Hi Don..nice call on your Class I's....

i have this feeling this was way overdone as usual...my key number right now is 10,650 on the DOW if we break that to the upside today, we'll rock higher the rest of this week and next..could be a surprise rally...

if we don't break that today, my downside would be 10,400 late today into tomr...this is end of month window dressing...

i gotta think they'll come in next week and buy the heck out of these "on sale" stocks...



To: donald sew who wrote (24270)5/26/1999 12:34:00 PM
From: Arik T.G.  Read Replies (1) | Respond to of 44573
 
Donald,

I'm in total agreement with your outlook from today's Index Update.
We may see today's lows tested but should close up slightly, and Thursday and Friday should also zig zag up to SPX 1320, then next week two strong down days , and from next Wed / Thu new local low a limping correction up that should take two- three weeks. Then the crash phase.

ATG