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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (18638)6/18/1998 10:29:00 PM
From: Raiders  Read Replies (1) of 50167
 
Iqbal,
I enjoy your posting about the market and most of the time you are pretty much on target which is impressive. At this moment in time I feel
that SOX is heading towards the 195 mark, I feel that the selling is still not done. Overall I am a firm believer that this we will see DOW around 8200 and then we will be rallying back. I have been short bunch of semi stocks and they have been rewarding me.
I think the next leg of correction will happen in Intc and the internet stocks were the evaluations have gone out of control!!
I have puts on KO, and bought some puts on MacDonald's. I think IBM in a short will be heading towards 100-102 range.
Any advise , Any opinions will be appreciated.
Raiders
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