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

To: The Perfect Hedge who wrote (27926)	8/3/1999 4:46:00 AM
From: IQBAL LATIF	Respond to of 50167

I think I would like to see the Friday number ideally this marekt should retest that 1282 area, at that area we would be around 480 on DOT and possibly that may be the right time, right now on any momentum I go in buy and sell.. or sell as the case may be I am keeping high cash levels but leaving no opportunity on good stocks.. I will certainly think that if we rebound from 535 we will see a retest of 625.. on DOT and I also think that before that 1282 test and lower we may test 1388 or 1398.. I am looking at long bonds and I feel that a bottom is in place..if we rebound on bonds we woudl certainly see a rebound on markets too and a sector that will benfit the most would be out of favor internets.. I am looking at selectivity and arranging to go in stocks that will irrespective of market will in 6 months look good.. How I treat these stocks long position please read my previous post..