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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27187)	6/24/1999 3:03:00 PM
From: IQBAL LATIF	Read Replies (2) of 50167

DOW tested 10471... I wrote ---this....this saves me from whipsaw trades, my levels hold like magic as we saw today.. I hope we can continue with this appreciation of the market, my read on bond and bund divergence is very important in my opinion this read in originality is of equivalent importance of 8th Oct when I saw the bond breaking and went long at 1310 support on Comp on 8th Oct, US treasury is being sold for wrong reasons..bund is a short but US treasury is a long.. <<Thursday, Jun 24 1999 11:50AM ET Reply # of 27192 from IQBAL LATIF on Jun 24 1999 3:28AM EST --- 1330 support..For me NDX support at 2206 is important to hold, if we take this out I will be cautiously play on the short side.. I will not like to see a close of DOW below 10470, a single day closing break of 572 on DOT or 295 on IIX will lead me to sell my trading positions.>>

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