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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29483)	10/27/1999 11:01:00 AM
From: Jeff Jordan	Read Replies (1) of 50167

if we take it out 1300.7* will provide solid resitance but it is possible that in wake of todays continously good numbers rather neutral numbers on economics we may see some short covering...* Ike, 1300.7 Wow....getting alittle too precise for me!<g> But I'm talking $SPX you talk in SPZ futures!...I think? 10/26 This is the best read I could come up with! 1308 SPX showing good resistance for the moment.....I feel to move up from here we need to break thru 1318 convincingly.....next target 1328-1338......I think the market has corrected for the most part and we should move up the rest of the year....Interest rate fears still appear to be the big drag, but I think the next .25 rate hike is now factored in....I won't feel too bearish unless I see 1266 again. The dollar is weakening again...... Yen: 104.65 127.0.0.1:3456/SI/~wsapi/investor/reply-11704279 I would like to add....1282 has held twice since this post! Today???

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