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Politics : Idea Of The Day

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To: JDinBaltimore who wrote (30618)2/4/2000 9:38:00 AM
From: IQBAL LATIF  Read Replies (3) of 50167
 
Thanks I am little busy with few things therefore spending little time on the thread, however the story today would be a resistance at 1444 area in one hour we should take it out and move to 1455 area, if we don't we will test the low of 1438ish and rebound from there to hit and close around 1458-62, On bonds I can safely assume that, if we see a break of 1433 we may move to 1428..

I would think that techs are strongly bid and will continue to outperfrom based on strong economy and good earnings, the divergence of NDX and old economy seems to be growing but with addition of some members of new economy to DOW I would assume that if we break on the upside the signal will be emanated from DOW too, next ressitance for DOW is 11200-220 and 11385, these are critical areas to watch,, a good trade on brkb is possible considering bond bounce.. BKX above 765 isd a buy and RUt after testing 492 as Al; pointed out looks good.. look at CMGI AAPL ORCL.. alongwith yesterday's picks..
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