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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (30563)2/1/2000 3:50:00 AM
From: IQBAL LATIF   of 50167
 
<<1392 resistance on the SPH 1348-54 support, 1320 short term objective.. the gap would be filled, a second close below 10850 on DOW sends initial medium term sell signal.. objective as low as 9800.... >>

For me the most important thing was that close below 10850 as I wrote yesterday that is my 200 days MA on DOW that rally in the end took that resistance out we need a good close above that 1428 number for me to see this continuity of the rally and 11000 be taken out. A single close below that does not validate the medium term sell signal if reamin above that it becomes a support we will see 11000 and 10865 as the range which market will try to take it out..
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