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Politics : Idea Of The Day

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To: Henry Niman who wrote (16802)	2/2/1998 7:03:00 AM
From: IQBAL LATIF	Read Replies (4) of 50167

I hope shorts can cover on the open-or if market takes a breather in wake of NAPM disappointment. These are trades only for very hi-risk accounts- BKX- sitting on 720 resistance have failed on 50 ma at nearly 734- long at 724 for a ride upto 734-40 area- I see a target to 760- cut losses at break of 714. DDX-Long right here for a ride to 299-300 area if it takes out and closes above this it goes much higher- cut your positions below 288. DRG- Long at this level to ride above 600. NWX-460 resistance has been taken out- 465 is a good formation above this level and you trade for target upto 480- 460 support is cut loss level. SPA- objective 1020- cutoff 982 break for a second time drop or first time drop takes SPA to 776.

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