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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (24177)	3/10/1999 11:32:00 AM
From: IQBAL LATIF	Read Replies (4) of 50167

RUT coiling up-- look at the charts it is matter of time probably we will take out this 402 and move higher..http://quote.yahoo.com/q?s=%5Erut&d=1ym If we break RUT go long on SP99H. This is one index holding SP99H and once I will risk even to go long big if I have RUT 402 break even once I will not wait 1290 break on SP99H I will assume that SPC 1278 has given me enough of good break news.So wait and see it has bounced ogg 20 days at 388 and if it is held on 200 days MA we go lower all along on all the indexes so this is a good signal to watch for a market move up or down.It will go back to 388 ans SP99H will test 1251 area to bounce from their or even lower, this market needs the small stocks get going if it wants to move higher, NDX and Composite based rallies will be more suspect rallies, so alonwith this look at BKX DTX OSX..BKX next resistanc is old high here, if it breaks this 7th Jan high of 873, a couple of breaks above this and you have a big confirmation and a clear run to 953 the old highs, so here we are major indexes hitting a breakout pattern, don't ignore these indexes whichever side the break...We will be seconds early with this watch but a great move can be tapped ..

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