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

To: Jerry Olson who wrote (27822)	7/27/1999 1:16:00 PM
From: IQBAL LATIF	Read Replies (4) \| Respond to of 50167

OJ-- Pits think that rally will fail, we have bounced off 1356 level from yesterday's close now hitting the toppish area of 1372-75 or 11000, they think that this is a sell at 1376 level, the markets will run some stops here and trigger some longs even something like 1140 is possible but my trade is cautious long put for Septs.. I will like to buy at that level some puts 1340's.. on SPU I will keep a generous stop loss at 1405 with two close criterion. I think I will see my level, on downward momentum I will see some good build up, if GDP comes marekt firendly and Mr AG is nice as he has laways been and ECI on mark I will than try to go long by 2.00 P.M tomorrow for playing the upward momentum but right now info is different from the market, but who cares I have been always on the other side of the fence and little off majority opinion... fwiw