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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (30431)1/14/2000 11:09:00 AM
From: IQBAL LATIF  Read Replies (3) of 50167
 

<<Look at these charts this market is wanting to go higher..

finance.yahoo.com

we are at resistance or breaking them... DOW is in a breakout mode here . If BKX 720 and SPH 1442 is maintained.. >> Message #30431 from IQBAL LATIF at Jan 12 2000 1:49PM

What a difference an interpretation can make..it could be glass half empty as most would see it but half full was the right description looking at the bounce of BKX at 720, and the way it held support at 700 a week earlier. This is something charts never tell but the core charts always gives and indication of coming move.. The most important issue was 1442 and 720 in this post, if those would be taken out the market probably would be at different levels, although that night close of NDX was bad but we had shifted the concentration to sensitive sectors and were highlighting that may be SPH is not the tool but NDX supports need to be played by NDX options..


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