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Politics : Idea Of The Day

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To: vish ramamurthy who wrote (26011)5/4/1999 3:47:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
26015 deals with your question. If MSFT looks like breaking a support I think AOL AMZN equally looks like bouncing off support...The diversion in amrekt indexes will not stay they atre fast approaching an area where the market indexes will move in one direction this escape of money from internet to BKX and other back and forth movements will soon come to an end. either we bounce off NDX COMP DOT support and join DOW at 11000 party a line I am inclined towards or break those basic supports and enjoy the fall of SPM to 1292.. SPM alone cannot make it to the top without the leaders in COMP NDX .. OSX RUT DTX BKX were lagging so far and that was one of the reasons that gallons of cyber space specks were wasted on 'NHNL's' problem, the market breath, now that it is improving the argument is being twisted why NDX and COMP is not a part of the rally, naturally if the sectors responsible for these new highs of the market are just taking a breather as market broadens, in my opinion this is a classic situation but with my analysis I make it very simple, either we break supports on NDX DOT COMP and short the SPM or join the long party as 2575 and 645 on Dot is taken out...simple but straight..
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