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Politics : Idea Of The Day

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To: J.T. who wrote (22338)	1/7/1999 12:31:00 AM
From: J.T.	Read Replies (1) of 50167

Today's move was a rocket launch... More powerful and braod-based than yesterday as TRAN, BKX and even XOI was strong in participation. EXPLOSIVE. More upside play in here especially for BKX and XOI short term until eventual consolidation. BKX rock solid and C broke-out nicely for gain of 3+. Further gains to 62 area intraday before profit-taking. I like WFC in here to run to 48 and it is great stock to add to buy and hold accounts. Only gripe: would have liked A/D Index to be better than 2 to 1 advances over decliners ....will watch. Dow 9770, SPX 1290 and SOX 395 all but forgone conclusion. Not if, but how soon?? SOX will take a breather in here as major overhead resistance at 395 area. Anybody in SOX stocks ought consider selling 1/2 your gains and letting other 1/2 run. Button up some nice profits over last few months. TA rarified air and bull nirvana lives on. I'm OUT. JT

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