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Politics : Idea Of The Day

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To: Lee who wrote (16692)1/28/1998 10:51:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Lee - Good point that is what we have all along making the case of our bull market that we are not having a slow down and it wasthis apparent anamoly that I posted my window of opportunity post since I thought market will look at -6.1 and may throw some points for us but nothing doing out of the gate we hit high- strong economy is good for corporate America Lee- lets see if we take this 992 and my 1000 dream it is going to be adejavuish move from 955 to 1000 in three sessions I keep remembering the break of DJIA 1000 lot of effort but once taken out shorts ran for cover like mad- we have so far maintained a nice balance and made our bullish case with all possible evidence but from here is a treacheroyus territory and I will like to move my trailing stop profits higher and tighter- I am loking at a good trade on SOX I think we close today above 280 we will see 301 in four sessions I will look at 60 my next target on TXN and 85 for INTC- on downside if TXN close below 50 and INTC below 80 I will consider this as a false break up and will device new strategy interim.
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