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Politics : Idea Of The Day
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To: Jerry Olson who wrote (23542)2/17/1999 9:19:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
In my opinion 1232 on SPH will hold we may run some stops as low as 1226 area but I would presume that someone will be longing as people short on opening, I would like that NDX selling to be maintained and continous, this is to take out 1910 where we will hit if NDX stays below this number 1880. My trade will be along with what locals would do, I would like to take this as an opportunity to see if some trade can be made out of this at the supports, I will be leaning to long at support at 1928-32 area with a stop loss at 1907 on NDX, I will trade SPH taking cue from NDX.. if SOX turnaround 282 and moves up from there the market would reverse..
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