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Politics : Idea Of The Day

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To: JDinBaltimore who wrote (30253)	12/28/1999 9:39:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

John.. Thanks .. I think that we will have relatively milder close to 1999 on weather front. Last few days have been real bad but today was relatively good although lot of sleet and cold front has hit Europe. The market is expected to keep its levels, I think 1465-68 area is developing a minor support and 1142 as major support, I would like to buy at 1465-69 area and keep a stop at 1458..for inter day options trade on futures, I still think that SPH if it stays at this level will lead to rally in DOW..DRG index is moving up nicely and if we cut through the 50 days MA which I expect to test on the up we will see 200 days surely taken out. I also like RUT and expect that these indexes should do well.Biotech will move in 2000 and bio techs like MLNM DNA AMGN deserve a good look. Ingersol Rand is another undervalued stock that i like and P&G I still think is good for some defensive posturing for the next year..

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