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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (5637)8/11/1997 12:53:00 PM
From: steve susko   of 50167
 
I like the fact that you make very sound short term calls on the market.

However, althought your support levels have been pierced (Soxx, spoo),
I think there are too many shorts out there waiting to cover... therefore
my opinion is that the downside will be limited today.. and one might catch
a couple of points on the upside on some intraday rally.
But, since you are much much more experienced than I am, I like to find out if you are currently long
or short the S&P or OEX options? and what your trading strategy into the market
close tdoay?

Good trading, IQ.
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