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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29808)	11/23/1999 4:12:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

1418 was taken out so was 1405 tested. a close below 1418 and inability to break 1428 is now important to watch.. we will certainly be prone to some lower tests.. but anyway for us it was something that we expected today as we had 1415 highlighted as a support to long 1380 a good trade on the long puts today and hope that IBM 108 resistance will not send it back to 102 if we are not able to take it out in next few days.. so here we are tied up between 1428 and 1402 and I expect that 1382 to be tested .. a decent call today and good profit taking in LRCX AMAT all in one page of posts.. I hope we can see this consolidation deepen a bit further to legitimise this rocket like move.. regards and thanks ,,,ike

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