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Politics : Idea Of The Day

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To: Jerry Olson who wrote (32375)	8/3/2000 9:26:46 AM
From: IQBAL LATIF	Read Replies (3) of 50167

OJ.. I think if we break the 932 on closing basis on SOX we will swiftly fall to 815, that 1/25 close of 815 looks a small support but from that spike of 485 low to high of 1347 this 862 point move will be retraced by 61.8% as we hit that 815 point, so lets look at it, it is turning to be ugly but I see all this a part of high level consolidation and distribution otherwise SPC would be much lower considering the level of DOT and IIX as well as SOX as leading indicator of this downmove.. Kids are doing fine, as Zain put it his loss on ATML calls was best education he could have gotten. I try to impart few words of wisdom out of little left, ggg thanks. Market is about witnessing important events and mind boggling openings, nice for them to see that money making is not an easy phenomenon. Days like now are great occasions and it is good to educate mutually.. Noticed your observations SOX..thanks..

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