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


To: the options strategist who wrote (27848)7/28/1999 9:07:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Not before SOX 505 is decisively breached for two days,I am watching TXN carefull if it breaks 140$ it will go lower. That would definitely impact SOX .. I like INTC where my target is 75 $ . EMC LU SUNW MOT NOK IBM for my core that also I will wait for dust to settle. For very speculative bounce I will trade for good profits long calls on with 540 stop loss on DOT.X, or 2174 on NDX.. I will definitely try to trade long on NDX at 2200 level (if my SPU levels allow ) with an objective of a rebound the stocks most speculative and possibly deserve some look are PSIX MSPG EXDS AMZN NITE PCLN EGRP RNWK YHOO, if DOT bounces these will benefit a lot more..One sector if market and AG want to live happily everafter (everafter for these market is a week) BKX will have the most tremendous bounce off 988...watch out for a close above it.. once again look at C..



To: the options strategist who wrote (27848)7/28/1999 10:36:00 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
I would think that next objective of SOX is 538 the old high.. In wake of tech conference which I had overlooked in my morning post continued strength in this sector is very possible..as we get out of this AG and number induced gloom over the market..