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

To: IQBAL LATIF who wrote (27823)	7/27/1999 1:24:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 50167

IKE so your saying IF we get to 11,400, you'll buy 1340 puts for downside protection, but not till then???? i have suspicions AG jawboned the markets becuase he went to neutral after the rate hike..he "REALLY" did not want to do that..he wanted to stay on a tightening bias, but thought it would have crashed the markets.. tomr...he might be more calming...the markets are very shaky right now...it sure is gonna be fun...what a week ahead... eco reports hopefully will be favorable....

To: IQBAL LATIF who wrote (27823)	7/27/1999 1:39:00 PM
From: Joe S Pack	Respond to of 50167

OT: Hi IKE, Hope everything is going well. Your commentaries are as insightful as always. I am doing well. I am a religious reader but not a poster as usual. Hope everybody at home is doing fine. Convey my regards to your near and dears and mom. Hope everything at the border is coming to normal. It is a lousy way to stop such a great bus trip. Wish hard-core elements will have less saying in external affairs and securities. No body achieved anything other wastage of money, hundreds of lives and unnecessary heartburn among ordinary folks on both sides of the hills. Are we into yet another annual cyclic worries ritual? -Nat

To: IQBAL LATIF who wrote (27823)	7/27/1999 1:57:00 PM
From: SE	Read Replies (1) \| Respond to of 50167

IKE, I am confused. Pits think this is a sell at 1376. OK, got that. Run some stops....I got that part too. Trigger some longs, even 1140 (I think you mean 1410) is possible. If you mean 1410, that is a long ways from 1376 where the pits want to sell. What are you getting at if I could ask? Thanks. -Scott

To: IQBAL LATIF who wrote (27823)	8/2/1999 1:48:00 PM
From: IQBAL LATIF	Respond to of 50167

Buy Alert! AMGEN INC (AMGN) Nasdaq Report No. 841 Analysis by: Harry Aloof AUGUST 2, 1999 AMGEN INC (AMGN-Nasdaq): Technical Viewpoint: From a low of $52 1/2 on Jun 18, 1999 prices rallied, reaching a high of $79 1/8 on Jul 16, 1999. A decline saw prices pull back, reaching a low of $72 1/9 on Jul 22, 1999. Another rally saw prices penetrate resistance line "A", closing 7/30/99 at $76 7/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 7, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $72 1/2. Resistance: Is at $78 3/4. Point & Figure: Reversed to the upside on Jul 30, 1999. A P&F downside reversal takes place at $72 1/2. Summary: Technical indicators have turned bullish. BUY! AMGEN INC (AMGN-Nasdaq) @ $77 1/8 Stop: Use a protective stop of $74 3/8. AMGEN INC is currently trading @ $76 7/8 plus $3 1/4 on Jul 30, 1999. Price Objective: $99 3/4. Risk/Reward: $2 3/4 VS. $26 5/8. Today's Risk Reward Ratio: 8:1 View Sample Three Part Technical Chart Daily Candle Stick Chart Point & Figure Chart Technical Study View full size chart Price Objective: $99 3/4 Risk/Reward: $2 3/4 VS. $26 5/8 Risk/Reward Ratio: 8:1 About Wall Street Trader's Column™ Why the Report Works? Disclaimer About Wall Street Trader's Column™ Wall Street Trader's Column™ is the result of over three decades of experience in the stock and commodity futures marketplaces. As a subscriber, you will benefit from years of in-depth study of technical analysis and how these studies can be implemented to make you money. Here at Wall Street Trader's Column™, we screen over 9000 stocks daily--from all major exchanges. About the Editor Harry Aloof's business background as a technical analyst for the commodity futures and US stock markets spans nearly three decades. In 1980 he became a member of CompuTrac/Technical Analysis Group, and in 1988 he became affiliated with Shearson Lehman Hutton as a financial consultant. Mr. Aloof became registered as a Commodity Trading Advisor (CTA) with the National Futures Association (NFA) and established his own private advisory firm in 1989. Harry Aloof is a student of the Tape Reading Art. When studying Technical Analysis back in 1968, Mr. Aloof learned tape reading from one of the largest single traders of the day. Mr. Aloof incorporates his choicest tape reading selections in his technical analysis. Harry Aloof has expertise in stock selection via technical analysis. After researching and testing various technical methods for more than two decades, he developed and now uses a process called LOW-RISK ENTRY POINT™. This process is used as a determining factor for success in the stock market. You should consider using the LOW-RISK ENTRY POINT™ as a guide for purchasing stocks. You will then have the necessary edge and ability to accumulate shares at better prices. This will enable you to build larger positions at better price levels. Why the Report Works! Three Strikes and You're Out: Our stops are close to the market. We will not risk more than 3 7/8 on any trade. If we get stopped out of a position, we have two more opportunities to re-enter the trade if it penetrates the buy point again. After getting stopped out a third time, we call the trade a bust.