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

To: IQBAL LATIF who wrote (27134)	6/21/1999 8:30:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

An opinion expressed on NDX...From : brink2 Jun 18 1999 4:33PM Re : earnings season rules now clearstation.com Bullish on NDX --gapped up, sustained that level and now slowly trending positive--note green trendbar. No reason to believe temporary except for occasional profittaking since earnings will be strong this quarter. Should mark the end of 9-month cycle low and beginning of summer tech rally. Advancers beating decliners and up volume strong--notice was true even as prices were negative earlier in the day due to triplewitching. Wish I had gotten into QQQ prior to gap up but happened too fast and risk was high til CPI and Greenspan. Long UOPIX at 1/3, QQQ at 1/3, and 1/3 cash intended for UOPIX if catch a major downdraft--otherwise for post summer rally correction. Appreciate other opinions. On comp... the test of old high 2677.76 is on cards we break it on two closing basis we go 625 on DOT and 2780 on Comp but the point is watch DOT we break this 312 on IIX and 600 on DOT we will other things falling in place, we break 298 on IIX get out of the last positions on break of 260.. DOT needs to be higher if COMP needs to break the old high.. simple and sound same with IIX 312 has to break... clearstation.com