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Politics : Idea Of The Day
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To: Dom B. who wrote (13573)11/5/1997 6:15:00 PM
From: IQBAL LATIF  Read Replies (3) of 50167
 
Indicators are positive for Techs- nearly most of the bell weathers have made a close above 12 days rather a second close, hope to see some action tomorrow.
SOX 320's are heavily in the money I think ALTR TXN AMAT will probe the 50 days MA , S&P did make a solid attempt to close above 950 but anyway two closes above 940 is a good omen for this market- volatility has greatly reduced. I would see some weakening of the bonds tomorrow and will give new target for SOX.,
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