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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (30335)	1/4/2000 10:17:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

<< I am seeing the futures down solidly and NDX hit by more than 80 points, we are approaching 1442 support. Selling in Europe is non-specific late yesterday lot of long positions were booked and they need to rattle these new entrants, for me if we see 1439-43 area and we hold it I will be looking at the opposite trade, I would assume that NDX 3670 will hold making today first hour a higher low on NDX, my trade today is tp play 1442 support, I would give and take 5 points from this support and will closely watch NDX and Comp if NDX 3660 is taken out I will wait for dust to settle before I go for that opposite trade...Tuesday, Jan 4, 2000 8:45 AM ET Reply # of 30338 >> I am looking at NDX test of 3666 as I predicted above the level poted was 3670, this is the first wave and if we stay at these levels we need to pick up some puts if Ndx again breaches 3685.. now that we have printed 1446 on sph we will like to see 1442 area..

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