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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27065)6/17/1999 12:06:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
A good close last night on comp....
quote.yahoo.com^IXIC&d=3mm

And equally a good close on NDX with a gap opening which never realy got filled...
quote.yahoo.com^NDX&d=5d

And PSE another indicator I follow is in breakout and closed above 52 week high bodes well for the market...

quote.yahoo.com^PSE&d=3mm

IIX facing the next ressitance at 300 and 312,

quote.yahoo.com^IIX&d=3mm

I will consider that if we close above SPU 1345 today and maintain this support for next few sessions we are going to blow this 300 IIX resistance and DOT 564 and 575, I will keep a trailing stop profit at 532 for new positions intitiated. I will also consider a break of 1330 today that yesterday move in SPU was a false exagerrated move...

I have this 1345 is the resistance and 564 the next objective on DOT, I woud be very catrefully monitoring these two levels.. I think that earliest indication of this strength will come from .. NDX 2100 support and comp 2505 and 2512 support, if we hold this well we will be set up for a nice rally from here..
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