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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (40235)	7/15/2001 11:10:57 AM
From: James Strauss	Read Replies (1) of 50167

I think 1212 close is enough to give a heart attack to many a foolish bears.. that is the level I have been anticipating since last few days, we have a struggle on that level but I still like a close above this level. I think we will get it. 1212 is major victory and we will see that break of resistance as a harbinger to 1228 level. Ike: A break of 1228 around the 50 day MA sets up a test of the 1275 area... bigcharts.com The SPX is now above the downtrend lines from the May High... It should get interesting when Alan Greenspan talks in Washington this week... Jim

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