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Politics : Idea Of The Day

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To: Jerry Olson who wrote (27448)	7/9/1999 8:15:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

I think great support levels, although I have my own reservations I think if we break 640 on DOT we will see a lt more steeper correction in nDX and hence in Comp, so i am careful a little more on the downside also if we break 1362 we go and test as low as 1330 and even 1280 area, so right now I am focussing totally on this battle of 'yahoo' at 162, I woudl think that they are trying to get this thing down to see if they can trpa some more shorts following the trned of Yahoo post earnings but I would think that DOT will commence it journey to 725 from where the real direction shall be determined.. right now I have these OSX and dot to care about above 682 one close even I am a buyer, below 640 two close I am seller... In fluid and dynamic markets one need to keep changing the goal posts..Ike

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