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Politics : Idea Of The Day

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To: Crystal ball who wrote (39863)6/8/2001 2:19:46 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
I think that as far as JNPR setback is concerned this should take us to 1257-59 area of support where this may be fully absorbed... and we are already seeing the DOW lows of 10950 the Monday's low, if 2200 or say 2180 on Comp is maintained and SOX 647- 650 is not taken out tomorrow or say Monday will be another day..but look at the higher levels of support each time bad news hit the market gradually the pattern of trading is shifting to 1255-1328 area and hopefully if SOX 650 and DOW 10900 are maintained we will after today's session will see INTC NSM news taking preference over communication sector problems..
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