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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (27065)	6/16/1999 2:20:00 AM
From: steve susko	Read Replies (1) \| Respond to of 50167

tomorrow is the pivot. i like the soxx stocks if your supports hold. Intc at 55 look attractive.

To: IQBAL LATIF who wrote (27065)	6/17/1999 12:06:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

A good close last night on comp.... quote.yahoo.com^IXIC&d=3mm And equally a good close on NDX with a gap opening which never realy got filled... quote.yahoo.com^NDX&d=5d And PSE another indicator I follow is in breakout and closed above 52 week high bodes well for the market... quote.yahoo.com^PSE&d=3mm IIX facing the next ressitance at 300 and 312, quote.yahoo.com^IIX&d=3mm I will consider that if we close above SPU 1345 today and maintain this support for next few sessions we are going to blow this 300 IIX resistance and DOT 564 and 575, I will keep a trailing stop profit at 532 for new positions intitiated. I will also consider a break of 1330 today that yesterday move in SPU was a false exagerrated move... I have this 1345 is the resistance and 564 the next objective on DOT, I woud be very catrefully monitoring these two levels.. I think that earliest indication of this strength will come from .. NDX 2100 support and comp 2505 and 2512 support, if we hold this well we will be set up for a nice rally from here..

To: IQBAL LATIF who wrote (27065)	6/19/1999 5:10:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

I keep picking bottoms, when friends like Russel are hurling fun and intending to carpet me I give them a shock of their lifes this is my call on IIX. To be nice with them and keep showing a mirror to them is the best medicine one to keep them off bay and second to let them know they can fool themselves but not everyone we read and know what they were writing between 5th and 17th June... Now disgraced they feel as if market has done nothing. I will try to keep a better watch.. I keep watching DOT but when it comes to the trade with a precision of an eagle pick the right index changes the course and picked the horse called IIX instead of DOT, if I would have been stuck with DOT may be I could only pick the internets at 535 plus not a great move but picking a move from where the index reversed is an art, I dedicate this mini-bhumbo to 'Russel and his friends' who were short and making fun at my positions dude.., now they disappeared typically them and hopefully will appear again if makret is weak anytime. Market is about opportunity and not waiting for that break which illudes them so often, this is the difference between people like 'IKe who play the market' and those who are 'jokes of the market' and 'market plays with them'. Half of these guys who innudate SI with bear calls will look now otehr way as if nothing happened but I keep reminding go and read your posts between this recent move and try to learn from your mistakes burn your models and ask a refund from the seminars..gg On bad days these market jokers are dancing on their tails until they are carpeted and properly grinded. We all still have the honor to share their great money losing posts as majority of SI is fearful of these self styled perpetual losers. These guys need sympathy and help... Picking the bottom once again with a precision associated with this thread...IIX ---On Jun 16th I issued on IIX this call...<<I would think that if IIX 260 holds today and we close above 264 I would recommend a long trade on IIX DOT with a stop loss at 252 or 489.... rather I would look at a long at lows of the day if 252 holds for 45 minutes or 489 holds, I would be looking at NDX and Comp supports at 2380-90 if these supports are holding we reverse if the supports and importantly... for me this chart is very clear.. quote.yahoo.com^IIX&d=3mm If we hold this 260 area today and close above 264 it is a reversal in short term and I would like to take advantage, I will also take advantage of SOX strength and reaffirm my taking profits call.. for me it is always good to get out here and replace the existing long positions with out of money calls, the bear market will only set in if 1292 on SPU is out that is a very important support.. like NDX 1980 or 2360 on comp… or 818 on BKX.. let these things give up short the darn thing below it.. for a good move down..>> I am now looking back at that unique call of 15th and 16th June to go long above 260, I think we have this excellent chart and we break 300 on IIX and have second close above 300 we go to 313 and this chart depcits the correction and formation of a possible move higher,, clearstation.com This chart above indicates a breakout mode and we would be in a breakout if 311 is taklen out, I will take my profits if 284 is taken out even on one closing basis..