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

To: bobkansas who wrote (27685)	7/20/1999 11:47:00 AM
From: IQBAL LATIF	Respond to of 50167

Market needs basing, I would think that NDX and Comp ran quiet steeply up and post Yhoo and AMZN despite of blockbuster earnings, markets showed me that they have discounted all good news and hence we need to create values, now INKT is sititng at 110 and AMZN full 20 down from its latest highs, DOT retracement is positive it moved solid 130 from 550, although it had consolidated at 575 area but beyond 575 the move was quiet steep, here technically and genrally we need a breather and a pause, ofcourse identifying it inthe middle of a bulish stance is something I work on, but i have feeling that we may not close below 600 today I have my buy orders at 605.. lets watch and see...market is testing our supports.