Idea Of The Day Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IQBAL LATIF who wrote (26714)	6/2/1999 4:36:00 AM
From: IQBAL LATIF	Read Replies (2) of 50167

When iworte this message market was down 120 points, I asked for some levels to be watched, we did break 382 on SOX and 560 on SDOT but Banking closed up at 831, the support highlighted at 2120 is where NDX stopped rather at 2125, and market after its inability to break 1282 -83 area rebounded and closed above 1292, I see this 1282 developing as a major support and looking 130 as a ressitance if we break any of htese the movr will be steep 20 points..... either 1250 or 1330... I still tend to think that no big sell is in offing and only below 2108 we can see a silde to 1980... or 2360 area on comp... 1282 remains on my radar.. from IQBAL LATIF on Jun 1 1999 1:12PM EST SOX is holding 382 and internets 560 the support of last few days quote.yahoo.com^DOT&d=t, we need some solid breaks here to get the downward momentum otherwise we may see that we retest this 1292 on SPM.. Read BKX 820 and don't over look PSE at 518-20 with 511 support, these indexes should give you a shade early warning if pressures are building. With RUT still at 435 I need these indexes to give me advance warning of a break.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next