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Politics : Idea Of The Day
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To: HoodBuilder who wrote (30012)12/10/1999 8:29:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
I will slowly shift to supports and resistance in SPH. but at the moment I will continue with SPZ.. and slowly merge the two. Like today 1418 is valid on SPZ and 1408 support whereas break below 1398 may take us through the 1392 support to 1382 where we will see a rebound to 1400.. I would think that best thing to watch is bkx 775 support and 750 support if we going to hold these supports we should see rebound from 185 on brkb and BKX 775 if we are breaking through these supports we may see NDX and Comp following suite, on the up if we go through 1418 we will attempt to take out 1428 and if we break it we will see a good bounce on all these oversold positions on brkb.. I woud like ideally a sell down to 1382 area and than a bounce...
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