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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (28076)	8/11/1999 7:29:00 AM
From: IQBAL LATIF	Read Replies (3) of 50167

Bond trade i my opinion is a long trade here, if the market goes down we will see bond rallying on flight to quality if market goes up we will see bond rallying on some better news, the markets had widened the spread somewhere today around that 113 plus bottom time to go long on bonds.. similarly we have made a higher bottom on DOT and that is a good sign for a target of 525.. BKX at these levels is a buy, I would suggest for some calls for trading as we try to now hit 1330 if 1305 is taken out... I will above 2186 try to trade a long one.. if we oprn higher it will good to wait for a fall and than at 1287-89 area take a long shot with a tight 1281 stop loss for SPU options...

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