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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31185)	4/14/2000 10:57:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

We had a strong CPI as I built in one of my scenerios, hit the 1420 level on SPM and a bounce back to 1437 now the remaining part is the 1458 plus close.. lets see if it happens.. if that happens I will like ALTR CSCO IBM PMCS..and others.. <<Friday, Apr 14, 2000 7:53 AM ET Reply # of 31191 however a breach of 1425 will lead us 1380 or 1350 area, if we hold this support at 1458 (that I expect) if CPI is in line, or even if it not the sell off is now viewed positive for a slow down of the economy, we may see a strong CPI a sell off to 1442 or 1425 area and a bounce back to 1458 and a close above that. If that happens we should see 1482 taken out in a weeks time and next objective should be 1518-1522 with 1540 as the objective.>>

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