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Politics : Idea Of The Day

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To: Jerry Olson who wrote (17595)	3/26/1998 12:22:00 PM
From: IQBAL LATIF	Read Replies (2) of 50167

OJ-- I think look at last year chart I am confident that we may see SOX peaking around July-- say my target is 350 for now -- on SPM my target of 1130 is nearly achieved I now look for that 20 days MA touch or even 50 days-- I am long techs like SOX DDX NWX but very much long puts on SPM- I know I will make money this is a good trade as a trader I can feel good. Any trade which makes you sleep good and protest you is a good trade. Assume OJ market slides from here mu 1090's and 1080 come into play however if my scenerio plays out and DDX NWX SOX consolidate I will make money on my longs if SPM retraces my puts will be handy- I think even if market takes off I am protected as SOX DDX NWX longs will help neutralise the blow of put premium. Of course this is getting quite boring but such is market and I wish I could help every one to understand my good or bad trades if not anything good experience.

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