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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31981)6/21/2000 10:24:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
The close above the Comp 4000 is an important indicator for this market, Ftse sold off today as a result of DOW weakness even the futures were down both on S&P and Comp but after the opening things have settled, the buys issued on MSFT would certanly help MSFT to move higher and as MSFT AAPL post split alongwith TXN move higher we may see that second crucial day of closing above 4000 may materialise, fortunaetly COBOT 25 days timer has finally given a buy signal that means soon we will see higher retail interest in stocks that COBOT considers as buys..COBOT timer has been a good indicator as such quite reliable he calls for aggressive buying of internets,, based on IIX close yesterday and the whole last week.. 1551 is the first resistance on the Sept contract and in the internet sector if it has to move Yahoo will be the stock to watch..
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