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Politics : Idea Of The Day
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To: thebeach who wrote (16409)1/15/1998 8:15:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
Anyone entering at 68-69 area has all the reasons to book his profits- INTC downgrades relate to transition prolbems but I talked to my analyst at Barney and he thinks that 4$ is doable with 15% up his sleeves- now I don't know what to tell you, the decision to keep or sell is something I would like you to make.I will hold until some of my key supports are taken out.

If voltality is something you wan't to avoid my broad advice on semis is watch out for SOX 255 if we break 255 I will recommend shorting SOX for a run down to 220 area- but I will do this break only on closing basis. You need to be nimble in these markets- short positions on longer term basis as I have pointed out so many times should come after 937 is decisively taken out.
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