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Politics : Idea Of The Day

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To: Jeff Jordan who wrote (26702)	6/1/1999 1:03:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

If we take this support on BKX 820 area we go down and test 790 where quote.yahoo.com^BKX&d=1ym I would think the rebound is possible off 790... 200 days ma, this choppiness will not be out until we have CPI PPI out of the way and by the way it is be not very far.. the bond has sold off hard but in my opinion I agree with you from 43 the prices paid component of NAPM looks a steep rise but on 43 we were not very happy falling prices are bigger worries by the way prices paid has been at the level pre Oct 97 blow out.. Who cares market looks at the skin deep and right now we need to see the trend and wait for that rebound I will be in and out and play within my supports and resistances. The drop to 2120 will be on cards if CPI PPI confirms the reading of last month we will have a far steeper correction and far better oportunity.. quote.yahoo.com^IXIC&d=3mm We have a double close over 2500 and we go and test the old high that range will be out by next Monday, we will move one side solid..

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