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

To: Jorj X Mckie who wrote (26635)	5/27/1999 6:20:00 PM
From: Jerry Olson	Respond to of 50167

I kinda agree with you about where we are going...a 250 point selloff on rumors of a FED tightening from a former FED Gov..is pure folly... but because ofcurrent market mindset this is the results...but i swear i had no fear trading to day in the face of this sellof on the long side...it wasn't an issue..i didn't get that pit of the stomack feeling of impending doom... so i don't think the downside will be much below Tom;s bell curve number of 10,250....and we have a much different senario in this market right now, than last Oct 8th...complete unrealated... this is a normal correction in a bull trend...and now the OPTI reversed and now the NYSE could reverse as well not a good sign, but from what levels is the thinking right??? so while i'm trying to play the game plan...we still need to try to make some money...and we can & will do that... let's trade it just like we know how to.. OOOOO