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

To: IQBAL LATIF who wrote (27901)	7/30/1999 2:14:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Yesterday's low on SPu is today's resistance...

To: IQBAL LATIF who wrote (27901)	7/30/1999 3:01:00 PM
From: Les H	Respond to of 50167

Several big gainers in NDX, including BMCS and LRCX, and probably the other semi equipment stocks in the index in sympathy

To: IQBAL LATIF who wrote (27901)	7/30/1999 4:47:00 PM
From: Jeff Jordan	Respond to of 50167

Ike, It's amazing how we closed right at that number...1328 I wanted to buy some LU @ close but wasn't to confident on the direction yet. I thought I could probably buy it cheaper Monday am. I'm hoping for a small technical bounce by mid-week before we get knocked down again on Friday when more key economic reports are out. I would like to bounce off of 1320 in the am Monday. That would set us up for a couple of good trading days at least... Looks like since we couldn't gain strength from Wed. and today's weakness makes me think we will break this support. I'll be watching closely Monday... Have a nice weekend... Best, Jeff