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Politics : Idea Of The Day

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To: nicewatch who wrote (24306)	3/15/1999 1:41:00 AM
From: IQBAL LATIF	Read Replies (3) of 50167

KO, AOL,CMB my choice for a run if we take out 2415 on composite..KO looks like a clear breakout excellent chart and great prognosis looks like heading for old highs in next few months fwiw.. I am in the stock late Friday already at 681/2..also CMB added to list of movers.. CSCO remains attractive at the these levels. TXN once again is not about semis any more and we need to scratch a little deeper to find out what is their hold of DSP technology. If 10,000 is taken out it is generally felt that we will see a quick retracement, market does not obey what is in currency it has its own logic. I think we have good chance to test 1251 before 10,000 as CNBC is hyping it much in excess to my liking, even if we take it out we may see that 10,000 may be a non event as that profit taking may not usher, rather people may go long at 10,280 to squeeze. Market will do exactly the opposite to what the conventional majority would like to think that is rule one, for me the best thing is to place bets on situations like KO and even G although this thread highlighted and took positions when G and BA DIS were totally out of fashion.

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