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Politics : Idea Of The Day

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To: James Strauss who wrote (30929)	3/19/2000 3:31:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

GE MSFT IBM formations are looking great, if we get BKX above 775 area and two closes of DOW above 10680 level we are in a different range, that would be 1458.. to 1540 area on SPM a graduation of this magnitude is rare I feel before we do that we may see soem test of gaps in SPM but looking good so far..as I have explained before that 500 point rally in DOW that the rally before was without IBM and MSFT, next day we had MSFT 4 and IBM 1 INTC few dollars put on huge difference to DOW, the superficial gurus are looking at Comp 80 plus but here is a small trick any rally in SPM will help Comp albeit with lower percentage, that convergence we are seeing is based on DOW higher percentager moves and COmp lower percentage move up, that is esactly opposite to what we were watching for last 18 months.. nice to keep close to subtle tones of the market.. love and best regards I am great \fan of your 13 days MA, in my opinion 13 days MA in a bull trend is the most solid signal.. as the equity moves laong this trajectory of 13 days we in bull market cannot get a better signal..

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