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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31090)	4/10/2000 2:00:00 PM
From: IQBAL LATIF	Read Replies (2) of 50167

A pattern of higher lows in last five session, important to hold 4200 simple but very good tool of market daily evaluation.. finance.yahoo.com^IXIC&d=5d The old economy is getting GS backing but 10260 reamins unconquered, important tug of war going on however this pattern is so far not threatening only higher lows and a good basing pattern, only sign of worry for IIX is the Yahoo break of 145 that is bad sign for SFTBF..this one thing can drag IIX down..http://finance.yahoo.com/q?s=yhoo&d=5d... a break of 530 on IIX on closing basis would lead to higher pressure on this INDEX and this index is with sox the back bone of comp..as far as certain a minor break of IIX can in view of other drgs and bkx positive moves is countered but if this breaks lower below that key point on two closing basis this 4200 and 3800 is sure to be tested... and needs to validated..

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