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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (32216)7/12/2000 9:44:15 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
DOW immediate resistance are at 10769 and 10945 the 10668 which is the first point to give away in the wedge like chart is now pointing to an upward move..

On SPX the objective would be 1530 or 1552 on sept contract if we take out this 1500 two times I think we would do it today..

IIX one day break of 488 or 487 the 25 days ma and 13 days would most likely be a false break. We should not only close above 488 but roar above thatp oint for that itimer to self correct itself..we are porbably on course..

NDX 3761 is the immeidate resistance and 4063 on Comp the point to look closely if we are going higher on SPC and DOW this 4064 has to be broken in next two sessions.. we have retreated from or near about but should take htis out..

TQNT is my stock I am looking at... BRCD looks promising and some option play on QCOM above 61 is a good play.. Yhoo above 112 is a good play not before and BVSN and AMZN a play on falling knife or a dead cat bounce.. bi
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