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Politics : Idea Of The Day

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To: JPh who wrote (19050)7/27/1998 9:42:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
I think there is so much of negative sentiment around that it would be fashionable to say short the market-- I would not say that it is not my style, I will rather have my laddered approach I climb up with a ladder I climb down exactly for me the market is dependent on this 1922 support to hold and 1132 for me 1118 looks a probable target which I think is a important level.

For me I would like these levels to be watched closely-- I am in this market far too long to go by these sentiments-- at certain level if the fundmaentals do not change this market does become too attractive to be ignored. If 1922 is taken out we go and test 1865 level-- and my thread will see to it that if there is a pop up or a break above 1155 we highlight it, excessively pessimistic markets are not markets which go down one way that is what my experience tell me, so look for opportunities. Levels to watch 1922--
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