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

To: IQBAL LATIF who wrote (28177)	8/13/1999 9:29:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Go long banking this rally will benefit BKX the most..sometime rather very often stronger openings result in closing of gaps.. take care and PPi is not the only number so pits will probably like to go to unchange to atleast 1308 area before heading up to 1328 so on any dip we have to go long or above 1322... SOX related techs and internets will do well,, I think DOT a double close above 500 has already happend and we can see some short covering,, like MSPG NITE INKT AOL YHOO...<<Despite the initial euphoria however, analysts are urging caution since this only the first in a series of key economic indicators due out over the next couple of weeks. >>

To: IQBAL LATIF who wrote (28177)	8/13/1999 10:16:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Come on and face the music, come back and join your thread and give new sermons as marekt comp takes out 2600, what happpened was this not the day where the huge big crash should have begun now be kind enough to show up and place a trade. Instead of crying fire and running awat the true metal and grit of a trader is now to accept his poor judgement, at the moment the shorts are in a state of shock but within few points it would be imperative to cover the shorts. Market is now calling for some momentum and this 1322 is the last stand if we break this with 3-4 points on theup we have a huge rally potential setting in as shorts throw in the towel.. like they would above 530 on DOT.. Since this number PPI and all the nonsense purported by the 'bears' they have kind of disappeared,very typical of them now what are they going to do with the crash of the century predictions I think need to bury them. Never make claims which you are not sure about play within your limitations, no one has ever predicted market direction so the best course is play within a day moves and try to cover if things go otehrway. Like always when the chips are down these 'bears' kind of escape from posting now what can they write.. Put premiums have just evaporated, welcome to this crash up version' of markets.. Now look back the guys who were shorting the stocks and predicting the marekts crash are queing in to buy back if we take this 1325 level out we will see naotehr 12 points in no time may be in two sessions... but what an irony a day where they thought that dance will start as PPI was coming the bears were served the death knell.... In my opinion this is one number others may not be so friendly however the fact remains that if inflation is coming it is benign it is very dormant otherwise this was the number that had spooked the marekts last month with a .7% rise, now that rise of Oil prices is built in the %age increase has come to normal..