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Politics : Idea Of The Day
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To: kurt aichler who wrote (20270)9/10/1998 11:37:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Absolutely-- I think we may see it anytime! However I will be very cautious below 977 level expect to see 962-956 area if that is taken out- I will repeat that 955 break can be very dangerous and I see a possibility to 910 test I was checking the premiums the premiums for Oct are marked up quite a bit-- my trade will be ofcourse in the oposite side these kind of premiums should taken in not given out, I will like to position my self for this up move which I think can come anytime--I will like Nikkei to start this-- I will bel long above 994 with a stop at 986 and short at 977 for visit to 966-- I move within my limits today and watching like a hwk-- got out of my puts for when DOW was down 250, 29.50 or 80 what I purchased yesterday for 17.. will go back in on the side of the market.. My feeling today is different from my feeling last night I like to go long but I will wait for that move to establish-- I will not move on my feel it has to be my trigger point.
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