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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27696)	7/21/1999 10:16:00 AM
From: IQBAL LATIF	Read Replies (4) of 50167

According to pits it is fake out rally , we may see Spu 1398-1402 and bears will try to retest the lows ,,,if we don't go back to yesterday low we can see a rally developing, we never have one day fire sale.. I think pits are right.. much as I would like to think that we can go long or I have a buy signal.. all of this is nonsense people have absolutely otehr plans and I know them that they have come so long so fat down they would like to test the old lows before to be sure that market future holdings are not in weak hands.. I am watching it and will trade accordingly.. I have this 1405 target aobve which we should see a double close.. right now we will watch if pits are right and they get htis selling momentum..

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