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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31973)	6/20/2000 1:42:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

On IIX index we had these closes above the 200 days MA and we saw a gap opening of three points up today, this is the index to watch if we are going higher we should take out 551 now and expect a target to 615 that would be one hell of a move the Comp will be propelled ahead by the CPTH's RNWK's and BRCM's one issue that will be resolved today owuld be Orcl earnings after close, I see DOt IIX SOX as leading indicators of this market and expect that market would take out this 4200 soon if ORCL helps, some little WORRY is about a pre-announcement from a major tech company if I had to worry about one it had to be INTC that has been taken care off yesterday, as INTC has announced that capacity and demand are meeting, also DELL had a decent announcement, in these circumstances I would consider ORCL to set the tone, I hope in the right direction..that is upward..

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