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


To: Jerry Olson who wrote (27448)7/9/1999 8:15:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I think great support levels, although I have my own reservations I think if we break 640 on DOT we will see a lt more steeper correction in nDX and hence in Comp, so i am careful a little more on the downside also if we break 1362 we go and test as low as 1330 and even 1280 area, so right now I am focussing totally on this battle of 'yahoo' at 162, I woudl think that they are trying to get this thing down to see if they can trpa some more shorts following the trned of Yahoo post earnings but I would think that DOT will commence it journey to 725 from where the real direction shall be determined.. right now I have these OSX and dot to care about above 682 one close even I am a buyer, below 640 two close I am seller... In fluid and dynamic markets one need to keep changing the goal posts..Ike



To: Jerry Olson who wrote (27448)7/9/1999 11:03:00 AM
From: the options strategist  Read Replies (1) | Respond to of 50167
 
OJ Question please. You placed certain figures to buy above certain stocks, i.e. dclk above 105, egrp 44, rnwk 94 gnet 99, etc. if it goes down as with rnwk 89/90, would you buy or wait until it goes up?

Thanks. jj