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


To: Steve Misic who wrote (27633)7/17/1999 8:56:00 AM
From: IQBAL LATIF  Respond to of 50167
 
I would like to see that this very near close to the bottom is not one of those false breeaks, I would wait for Monday, however if it breaks 640 we will see Yhooo at 140$ at the most as far as my visibility stands.. for me it iwll be short reun down to 626 first and than 600 and solid rebound so like SOX I am hopeful as earnings confimr the cyber trend and removes the doubts that these companies are virtual companies, but much as I would like to trust these businesses I am market player the markets will dictate the direction, right now I don't like this DOT chart, it should have closed above 650, not below 640, in my opinion the pasth of least resistance is up if we test 636 unable to break it on Monday morning. If we do we are heading lower.. to 600 but just a retracement and an opportunity to me, until 1362 SPu takes out it iwll on sectors only a retracement back and filling..