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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (28819)9/15/1999 10:30:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
quote.com
hitting 1355, sititng in Kuwait and calling the markets is fun..

message from IQBAL LATIF on Sep 15 1999 10:04AM EST

They would like the test of 1355, bond at 113 17 is a buy to rebound to 116 level.. I would suggest a buy at 1355 area SPZ 1380 long options and will get out at 1375 the resistance, I think with CPI out of way we are now planning to hit 1392 test and that convergence I have been highlighting between SPZ and NDX will start to close, financials will certainly benefit from a move up and above 778 BKX 800 Oct's can be rewarding, below 2500 on NDX for which i see no reason I will buy 1340's and sell 1430's for Oct just in case some fake stops are run, every thing is possible at these levels and I try to keep my eyes a little more open..
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