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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (30150)12/20/1999 4:09:00 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
<<if 1432 is taken out I will trade on short side and would look at 1402 on SPX closely, if we break that support we will sell hard, >>

1431 was hit but we rebounded as SOX reversed from lows to close at highs.. now the issue is are we going to see 1442 taken out after FOMC if not and they signal a 'bias' that market may not like it looks we will break the supports on indexes like DRUGS Transportation, however if we rally I also think that 1442 bounce can be a broad based too.... NVLS did great for the SOX so did MOT and AMAT....
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