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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (18745)7/1/1998 9:53:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
John---DDX hit 160 a 23 point move exactly in line with my 20 points prediction last week- a weak NAPM below 50 will hit the market and call of interest rates cut will be in air. NAPM should be strong for market to carry on. WEAK NAPM below 51 means short S&P for a QUICK TRADE.Strong NAPM means buy on dip.
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