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Politics : Idea Of The Day

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To: Jerry Olson who wrote (26097)	5/7/1999 2:13:00 AM
From: IQBAL LATIF	Read Replies (2) of 50167

I think the sell off in internets from 643 to 611 alongwith break of Comp below 2500 and BKX 892 I am extremely cautious I will recommend a long put position on SPm, I think we will see 1292 in next few sessions if 1355 is not breached by Monday, I would think that let this market fall and go thru 550 on internets, we will see some good levels to enter, it is not that anything fundamentally has changed it is the percepetion and that counts in am akret sitting at new high.. The only big rally I expect is from settlement or cease fire in Kosovo over the weekend, otherwise I will be sitting and relaxing..

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