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Politics : Idea Of The Day
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To: Narotham Reddy who wrote (42457)4/26/2002 5:40:26 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
I think today we just closed above 1076, within plus minus 4, I would assume that this is trick close until Monday, I assume that this is a false break, today was a bad day but I did not closed my positions unfortunately or may be fortunately comes Monday my minus 4 on 1080 was maintained albeit with losses today. I hope Monday will be a better day, the GDP strength and overall demand levels cannot be ignored fwiw..I will close out if Monday IS A WEAKER DAY and I see we close below 1080 that will confirm a downdraft to 1050 and than Sept lows but lets first thing first lets get this 1080 close validated.
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