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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31225)	4/17/2000 4:06:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

<<This 1365-75 area is the last stand finance.yahoo.com^SPC&d=1y, on Friday they close it bad for keeping people short but global reaction I doubt would be same on Monday, although undoubtedly if we break this 1365-75 area on two closing basis well below 1421 on SPM or 1404 on SPX that was suppose to be my support, we can go lower to that 1250 band,..>> Friday, Apr 14, 2000 3:04 PM ET Reply # of 31227 A bounce off 200 days MA on Comp can be a long term bounce if we can maintain this for one day more we will see great short covering./ however on Friday we made a comment on Monday and it is nice to see that global reaction was not the same and also nice to see that after cleaning out some good stops at and below 200 days MA we came back up nicely for a day closing bounce, also nice to see that NDX plus 10%with DOT closing higher as JDSU's and BRCM's BRCD's are breaking out of the pack.. ,

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