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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (16921)2/7/1998 11:13:00 AM
From: Investor2  Read Replies (1) of 50167
 
RE: "Now my break is very narrowly defined. On the up, let IBM close above 102 and this thing is game; and let it break once on closing basis below 96, and we pull back to 88 level."

I see the $96 level on the downside, but how did you come up with the 102 level on the upside?

RE: "I feel this market needs some more positive news to take out these historical resistances at 56 [TXN] and 90, my 3rd level on INTC."

I must not understand how you are determining the upper resistance levels. Could you explain?

Thanks,

I2
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