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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (49173)	6/6/1999 12:32:00 PM
From: MARK C.	Read Replies (1) \| Respond to of 90042

Glenn and Jeff Have you guys read this post by Ike. Interesting read To: +Beeblebrox* (26863 ) From: +IQBAL LATIF Saturday, Jun 5 1999 12:08AM ET Reply # of 26875 Momentum is missing, DOT is the momentum indicator of the market, if we conquer 2505 we will only do it if 575 on DOT is out, until these stocks come back in currency the double digit gains of everyday will be a nice reminder of recent past. SOX and PSE has all the ability to take the leadership. Still 564 remains the first target like SOX second close above 402 remains the important support. On NDX 2055 becomes a soid support and 1330 if two closes above that number on SPM becomes a legitimate support otherwise 1318 and 1305 are the supports. BKX is the indicator to watch if this makret has to move with DOT this isthe indicator with most potential gains, however if DOT fails at 564 and BKX at 820 we go lower and much lower on NDX and Comp even if the rally takes one or two days.. These two got to move for Comp above 2505 that is the key..

To: Glenn who wrote (49173)	6/6/1999 1:12:00 PM
From: MARK C.	Read Replies (2) \| Respond to of 90042

A position trade for the thread to consider. ROS a russian telco that just got hammered late last year due to the Russian crisis and perhaps rightfully so at the time but I think it was way overdone. The stock has recently been coming back off it's lows nicely. I posted it here at under six a couple weeks ago. My contention is that Russia will play a very center stage role in settling matters in Europe. As a result ( or payment for services rendered) they will receive their IMF money and European aide. Add to this the fact that Yeltsin does not appear long for his office I see Russia nearing a turnaround. I believe one of the very first places the money will be spent will be in upgrading their communications infrastructure. Even if they don't spend a lot of cash themselves I think they will allow much more partnering and major foreign investments in their telcos. ROS has been trading basically flatline since the september oct crash but appears to be ready to breakout IMO. Heres a link to the BarChart site and their opinion. I have not yet taken a position but would appreciate any thoughts. tia, MarkC equities.barchart.com