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Politics : Idea Of The Day

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To: James Strauss who wrote (31350)	5/4/2000 8:38:00 AM
From: IQBAL LATIF	Read Replies (2) of 50167

Great anticipation and a good call on that rebound from 3594 on Comp that was near your lower limit. I think the overall market Comp picture looked good even at the worst of the time when it hit that 3596 area, the selling was not euthusiastic and MSFT held on very well with AAPL INTC IBM...I also noticed that even GE held on well so I was not terribly worried yesterday and had made one trade on break of 3710 but covered it quickly at 3665 area, I would think that 10500 area on DOW and Comp 3600 are very valid points as correctly highlighted by you, thanks for a good guidance.. P.S. Looks like futures are taking a dip lower by 6 points we must have had some surprise on productivity or hourly earnings probably the hourly earnings are the culprit.. will soon know..P.S.. futures are rebounding up 4 may be market has a rethink the productivity could have been good and it was decided to ignore the hourly earnings. Just trying to make some blind guests as to see where are we.. once we get the report that is one problem of eing not on real time live line.. you keep guessing but that challanges one's intelligence/gg

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