My Friday to Friday call resume if these are bad what is good then, if this is not the highest perfection in trading what else is? Read it and investigate it and than decide if it is put up or shut up time.. following are realted indexes with the 5 days levels for references... than take some time and pull out 'erotic stuff record' who so ever on SI and lets wiegh against my last week calls... 'who dares win'!
quote.yahoo.com^SPX&d=5d
quote.yahoo.com^SOXX&d=5d
quote.yahoo.com^DOT&d=t
quote.yahoo.com
From Friday to Friday.. trading levels?. And post this is one sample week and this has been the story of this thread..
Market was at 1314 area and was rallying on Friday Aug 6th when I wrote this message..
Friday, Aug 6 1999 11:25AM ET
Reply # of 28201
I am taking a day off.... from trading... I have been watching the market would ideally like that spike to 1292 resolve, we would like a test of 1300 area and than a move upto 1328 1338 area... in next few sessions.. Yahoo looks good to me.. id DOT keeps above 515 and closes around 526 we will see a test of 550.. below 2225 I will like to buy some Aug 1280 long puts... I think SOX looks phenomenal.. a break of BKX is I am most concerned and if 798 is out I will like to think that market rally fizzles.. I m just relaxing after a very tiring but a rewarding day.. I will reply my post on Sat.. regards.. Ike
<<Market cam down and closed on 1300 ish area..
On Saturday, Aug 7 1999 2:42PM ET
Reply # of 28201
Look at my last message, I wrote about resolution of '1292' spike that we had on Friday. We tested that 1300 area rather 1298 exactly, now even I leave I make sure to leave some guidance to the market. Now, I think if that spike needed to be resolved, we needed higher bottoms, now 1393 and 1305 close for me is sequence of higher bottom,this should play out now. Short term these kind of bottoms post spikes result in an upside 4-5% point rally. If we don't have this we are certainly testing 1282 in first step.
However, these things are too simple, for people who follow 'haramis' and 'inverted hammers' and 'erotic 'hot' cycles' rarely understand these simple tools of analysis.
Market opens every day for me being a 'bull or a bear' hardly matters, I analyze info and am totally emotionless and event driven, right now I am looking at these 'Rumors of a new financial crisis involving a major hedge fund are growing'. Volatility and spreads were widening for sometime but indirect denial from fed Governor is positive. The higher bond yields includes that 'flight to quality' premium also.
On Monday.. the 8th of Aug.. I wrote..
Monday, Aug 9 1999 11:18AM ET
Reply # of 28201
Market will be range bound probably. I think a break of 1298 will throw my theory of higher bottoms out of window. So short below 1297.2 and if SOX breaks 488 or PSE 478. I see today's successful test of 492 that was the resistance in last few days of trading and I see it probing 500 resistance which is a positive sign.
I think only if we break the low of Friday we will try to make a new low. I still think that if we hold the 1298 support we will move up and test 1330 area. The most important thing in this market is that huge market cap is trapped in very few core group of the S&P 500. Until that core breaks significant correction is not possible. I am working on my short term pattern and expect that a break of 508 on DOT will take the DOT to the first resistance of 525. On the test of 453 I think that 480 can be tested when and if 1282 will be tested however trading is about short term goals and today my objectives are to short below 1297 and cover at 1277 or on the way up to 1306. If SOX PSE NDX stay strong I would not be much concerned with a break of 1298 support also, I am sure that if SOX and major stocks remain bid the selling in pits will dry. As for bearish sentiment, I have nothing to add, I have seen it many a times before and I don't think that this added bearishness warrants any comments. Markets are about levels and any day trader who ignores mass hysteria in either direction does it at his peril, the best ay s let the market show the direction.
What happened on Monday?Market did break my level of 1297 and I shorted it also broke that 1292 low and made lower low at 1277 covering proved to be right within few points?NDX 2225 level also came into play so did DOT..
quote.yahoo.com^NDX&d=5d
Same day as treasury made new lows I wrote..
Monday, Aug 9 1999 1:00PM ET
Reply # of 28201
Huge auctions in the pipe line that is one of the cause, the prices have been bid higher lot of corporate coming for refinancing and traders never miss this chance, buy the bond here and by the end of the week you will be better off. It is not flight to quality otherwise $ would be hurt and European markets would have not seen a close on positive note today.. TYX at 6.30 area which I expect it to hit will be like Gold above 500$, like ANY one who sold it that level made a great return most likely anyone who is long treasury in these bands of 6.20-6.35 would do great in long term. Treasury would certainly compete with the equities rising yields are initially more attractive however once that rarity of paper comes into play and possibility of disappearance of paper in next few years as US debt is retired the consequences would be that Fed would have to depend on inferior paper to monitor monetary policy, the institutions are right now sitting pretty tight but soon these higher yields will be thing of the past, US debt buy back has major far reaching consequences, they will hoard TB's, premiums will increase as banks who are concerned about preservation of capital will own the most liquid and securest of investment. TB's for me are a commodity that is going to become rare very soon.. the surpluses will take TYX yields lower in medium to long term. Instead of Gold now is the time to hoard soon to disappear US treasury bills, one big advantage over gold this paper unlike gold gives great returns. Great investment for your core accounts.. you make returns and capital gains as yields drop for me the bottom is 113... it can go to 112 but overall anyone investing at these levels would do great..
What happened ..The treasury made new lows at 6.27 on Wednesday it did not touch my 6.30 but 113 bottom proved to be a GOOD level.. quote.yahoo.com^TYX&d=5d
I threw an open challenge to renewed bearish interest.. and challenged them?
Monday, Aug 9 1999 2:06PM ET
Reply # of 28201
To all the bears who are spreading the bearish sentiments.. come I make you a grown up man and fearless trader.. the bull never dies and the horny bull like Ike rarely fails to deliver the final coup de grace..
I love to see some volatility, I perfectly see that the best bet considering market bearish sentiment would be to go long 1250 puts for Sept each put protects you for 250,000 $ and will cost you may be 15-16$ if you have a total core of 100,000$ (g)portfolio this one put is more than adequate for that big fall if it ever comes, however a turnaround will diminish the premium of that put but will increase the size of the core.
It is simple strategy but to come to market where you need to be invested all the time you can rarely run with huge cash positions you just don't get any returns. I am lot of cash but since I do options out of the money I have luxury of leverage, if it moves up I am happy as I have advantage of out of money cheap calls if it breaks by Sept I have these long 1250's and in between below 1297 I will play more on down side.
Everyone has a reason to play in day trading, I think people loose because these 'young blood jack ass traders' rarely tell the investors why don't you protect your underside with little insurance when market is right on top?
The markets are for people who trade leverage and use leverage to protect their core portfolios this is how Sorros became what he is, I try to emulate the hedge fund strategy in my account, in times like this play safe others go long few stocks and few options.
People who spread rumors of impending fall rarely trade with leverage, they would buy YHOO 1000 shares I would not I will use part of that money to buy 140 calls for oct may be 10 of them, this is leverage and a day trader should have atleast 5% to 10% of its portfolio in this kind of options you loose everything if Yhoo retraces, but at 90 one has the opportunity to buy some more 120 calls the chances of a bounce back is great and the loss is limited to the premium spent. If 1000 shares of Yhoo would cost 140000 $ and at 90 you loose 50000 on paper in a option trade you have 10 calls at 140 strike for oct which you paid 15,000 worth 5000 when the price hits 90 and you use another 15000 to purchase a lower strike at 120.. so the total outlay is 30,000 much less than 50,000 loss.. This is the kind of trading we do, in the interim if 1328 is broken and SPU option of 1300 is acquired you make some money on that too as you get out at 1310.. Now in trading like this rarely one cares for direction rather volatility is more important.
Most of these guys would disappear when the going goes other way and will reappear when bear market looks to be in offing. For me it is not about sensationalism or 'fire in the cinema', it has to be rational approach and if one does not have one to give! the strategies and fears compounded are bound to disappear in thin air like a stinking -hart. This is how I really take these rumor mongers, I have extracted enough of pounds of flesh 'dry and clean' and now skinny bears have not much left on them. After all not much is left of someone who has been shorting these stocks from 9$ AMAT from 18$ and INTC 30$. The fun starts when they start buying puts in middle of solid support and we sell them the puts and buy the calls from them. This is the story of their life, markets have a lot of things going for it, one needs to keep a very clear mind and treat the markets every day with a fresh mind not fixed cemented approach.
I have my puts 1250 Sept they have nearly doubled from where i got them, but I am taking them to the finish line, in the due course I have traded 1340's 1330's and 1300's many a times. The market provides this opportunity every day. You got to have some money in the market one side or the other rather both side is the best and play these markets accordingly if markets go up my core comes in to play if they go down until Sept 1999 my puts are in play at 1250.
Now after I have taken care of my core and position trade that one fine morning I may not wake up to a 5000 point drop I am left with day trading and that you do without any bias every day as the market opens you take your bets and loose them or win them, I cannot spend too much time on worrying about my down side that has been well protected by 100 odd puts.. Most of these guys have no idea of derivatives or instruments or options until you don't trade S&P options and use them as part of your strategy with ease you will always be worried.
I can see it that amateurish child like fear towards fall stems from very small or little trading experience, unfortunately trading is an art you learnt it over period of time.. if interconnectivity of Ike is substantiated by actual money on line.. no posters would stay on SI consistently unless his or her money is on line.. these cowboys who change their name and aliases like my sister changes her kids diapers have nothing but fear to offer, from being bear to bull their direction get skewed!gg
They and their cohorts will be slaughtered like lambs being led to slaughter houses NDX 2000 or 1980 very much possible but before that will be 100 trades and we will all show them live but to harp on fear this is childish and needs a little pamper assisted growing up .. Ike is ready ot teach them all they run away from me and get on to abuse me, after all, these kids on the block need my affection// I again tell the bears of SI come I change your pampers and remove your fears and teach you how grown ups trade.. poor guys I feel sorry for them.. let them make this big fuss they will get a small 'bhumboree' and a big 'bhumboo'.. bhumboree is reverse for short trades and bhumbo I am sending it down... reading this will et them dance on their little tails but I want to remind them Ike wants his pound of flesh and that too exact and you all know 'I cut it clean dry and easy',,.. Ike is not clumsy like Sherlock.. Ike is coming bears... beware..
Someone wrote..
Monday, Aug 9 1999 2:19PM ET
Reply # of 28201
Ike,
I'd like to join you next week...given your bullish...I hope you like ATHM...the only thing I seem to be buying today...
Jeff
On Tuesday I called for a 1390 support and a break below that on double close validation, nowhere i have shown 30 levels,,
Tuesday, Aug 10 1999 3:07AM ET
Reply # of 28201
AT//... Look at this S&P chart and notice this concentration of tests at 1290 area.. if we break this we can on inter day basis our next objective would be 1250 and next 1230 that is it where the selling will dry off, over top of my head as you know S&P and NDX 100 are not co-related, like S&P moved from 880 base to hit 1330 area at its peak whereas NDX from its lows of 1000 moved to 2480 area, on the way down we need to establish and work with this co-relation.. so as to keep better protection...otherwise you may see erosion in your NDX sensitive stock and S&P may not protect you at all. Every S&P points roughly will co-relate to 3-3.5 points on Composite.. this is my approximation only..
decisionpoint.com
Now NASDAQ 100 major resistance was 2150 on the way up look at number of failed attempts..that is now a very important support, it was a resistance and we did test it last week inter day.. if we break 2150 we have next test of 1980... however this is clear that all these tests need a double day validation..if we are looking to test 1250 from here that would be approximately 150 NDX points and will relate to 2050 and next is 1230 on S&P that would be nearly 1980.. I would like to relate PSE and SOX to these indexes also..I will like to trade an exotic instrument that is QQQ and SPU options if this 1290 break occurs, my strategy would be play the difference of momentum.
decisionpoint.com
COMP 2500 is a support and has been a resistance..
decisionpoint.com, we break these supports on two closing basis our next objective would be 2400 and 2280... but a break on two closing basis of these levels is a must..
decisionpoint.com
DOT sits at very sensitive 480 support if we take this out we try to make a new low at 450.. however these are oversold levels and my strategy is to play it only with long puts and cover them on first sign of basing.. I never short these dangerous internet stocks but will try to take advantage with some NDX puts, if DOT breaks NDX would suffer...but again due to strength in semis the blow will be mitigated..
Tuesday, Aug 10 1999 1:09PM ET
Reply # of 28201
I am squaring my long puts of Aug 1250 and short calls of 1380 Sept at this area 1279 on SPU.. expecting that market will hold above the 1282 area... I will again reestablish 1250 1380 combo if SOX breaks 491 or DOT or NDX takes out 450 or 2111, at the moment a net of 3.7$ on this calendar spread of Aug Puts and sept calls is a good wager for today's downdraft.. if we have room for second trade we will get in. I think DOW 10410 is now on cards so is 1250 puts which I am long and premium are juicy.. keep them running the long puts are insurance for that big one otherwise inter day trades where we chip in are great tools.. I will at 10410 on DOW will get out 1250's.. long Puts or if we see a move up from here to 1305...
Wednesday, Aug 11 1999 2:42AM ET
Reply # of 28201
A autopsy of a days post..An inter day trade properly closed with excellent returns and no whipsaw.. this is how we play these markets every day and the long puts established at 1380 break for 1250 are still in play.. that is insurance this is trading... never mix the two.. with insurance you have liberty and free mind to trade.. market is not about huge fall is coming it is about cashing the movements.. 99 out
of 100 gurus have no idea of how to cash.. as far foretelling disasters we are still paying a price of Nostadamus Paco Rabonne shops are closed today becasue Paris can turn into ruble this centuries old predictions still rule our lifes but marekt you should give positions to enter and exit...otherwise like Nastrodamus your worth is like a person who yells fire in the cinema..market is about making money when volatility hits the markets ...
First established early Monday when to expect the selling if 1297 is taken out..establishing a point to go short that was 1297 was first strategy, I also highlighted that below 1297 they will test a low below 1293... i.e. they will make a new low since higher bottom theory goes out of the window..
Monday, Aug 9 1999 2:06PM ET
Reply # of 28073
<<I love to see some volatility, I perfectly see that the best bet considering market bearish sentiment would be to go long 1250 puts for Sept each put protects you for 250,000 $ and will cost you may be 15-16$ if you have a total core of 100,000$ (g)portfolio this one put is more than adequate for that big fall if it ever comes, however a turnaround will diminish the premium of that put but will increase the size of the core.
It is simple strategy but to come to market where you need to be invested all the time you can rarely run with huge cash positions you just don't get any returns. I am lot of cash but since I do options out of the money I have luxury of leverage, if it moves up I am happy as I have advantage of out of money cheap calls if it breaks by Sept I have these long 1250's and in betwen below 1297 I will play more on down side.>>
Next defined my outside limits of this break below 1297..
Tuesday, Aug 10 1999 3:07AM ET
Reply # of 28073
AT//... Look at this S&P chart and notice this concentration of tests at 1290 area.. if we break this we can on inter day basis our next objective would be 1250 and next 1230 that is it where the selling will dry off
Rallying from lows....
Yesterday as market tumbled and NDX PSE and SOX remained bid I wrote..early in the session..we dropped but 2111 support on NDX was not even seen and 490 on SOX held well... based on this I called for rally from lows
Tuesday, Aug 10 1999 10:43AM ET
Reply # of 28072
Look at this ..
quote.com
WE are at 2485 on Comp and 1283 on SPX last time we were in early June on 1283 on SPU the Comp 2380.. a full 100 points below.. NDX was at 2000 and now it is 2158.. so the big core stocks and SOX are not selling until that does not break the big break will not come the SPU will rally from the lows of todays until NDX takes out 2150 area solid...
Once the anomaly of SPU NDX was spotted and I pointed that we will rally from the lows squared the long puts established at break of 1297..
Tuesday, Aug 10 1999 1:09PM ET
Reply # of 28073
<<I am squaring my long puts of Aug 1250 and short calls of 1380 Sept at this area 1279 on SPU.. expecting that market will hold above the 1282 area... I will again reestablish 1250 1380 combo if SOX breaks 491 or DOT or NDX takes out 450 or 2111, at the moment a net of 3.7$ on this calender spread of Aug Puts and sept calls is a good wager for today's downdraft.. if we have room for second trade we will get in.>>
Wednesday, Aug 11 1999 8:53AM ET
Reply # of 28201
CSCO earnings will give a 'bhumboo' not too big as the 'bear who was antithesis of Goliath and has just turned into hush puppy bull' does not like sharp upticks I have arranged for softer version to that barking dog and his cohorts.
CSCO earnings is going to give one for beginning my bhmboree has not done her work so far but the combo of the two is dedicated for that ' bear changed to diaper bull', these bunch of fly by nighters who will disappear soon as market after testing supports rallies would please to learn. that. the catastrophe in Paris never really came, nastrodamus hopefully will be buried for posterity and so will be the forecasts of his dime a dozen followers on this SI..
We are still alive and kicking so would the markets hopefully. If these guys think that anytime market takes a breather is a sequel to death of the market, it is clear indication that they have no experience or idea of markets, they say that we are trying to portect the ivestors one of them in last five years have been forecasting the 'death of this market upteeneth thousand time', they should be read as a 'joke nothing more nothing less'. Learning Ike style of inter- relational indexes and shamelessly copying my levels would not lead one to predict forecasts, with levels you also needs an open mind and a free mind, a mind not encapsulated in dogma and end of world scenario, a mind that does not carry stigma of self-righteousness and puritanical approach, a born again market prophet can only think within a tunnel and market needs a visionary a broad spectrum mind a wider horizon that is what makes a good trader.
These bears and bulls and clan of 50 will get this one on the chin.. the market will test its supports and progress on.. in my opinion this destructive state and rumor mongering is state of mind. I hope they get a happy pill 'prozac' to appreciate beauty of life and markets.
These kids on the block and their old MU INTC MOT fame gurus, can keep lamenting why these stocks don't come to earth? The stocks will belong to where they belong that is up, the put on MU INTC HWP will become a worthless junk like their thousands of other puts so far have.
They don't understand one small thing markets don't fall on back of strong economies and in new economy these leading companies are not industrial giants they are agents of 'price deflation'. In rising oil prices lies the nirvana as we need lot of 'oil money petro $'s' and a little bit of inflation to be spent and recycled to pay our debts back by emerging markets and sell our softwares and networking gear to the new riches of the world. With chances of falling US debt we need new clusters of economic growth where exports potential exists, sometime US economy anchors the world this time global growth with slower growth of US economy will help the next move for the markets from 2000 onwards.
Remember what Ford use to say if we don't have enough income for our workers who is going to buy my cars? Little rising prices and strong economy little bit of inflation like 3.5% will do magic, ofcourse in the meantime we will hit 1130 as news trickle in but the time these guys were short they wanted the market at 5000 now atleast they are looking at 9500, so all of them are converts to my '8000 is steal of the century' slogan, someone who had used my post as a 'joke' has now removed that clarion call from his profile.. he had added after my quotation '8000 steal of the century' -if you are short, now that is gone but these guys are now looking for a 15% correction that will only take me to 9600.. However none of them have the decency to explain why did their charts missed the move of market from 550 on SPU to 1400? On that they are all quiet.. this CSCO earnings will not help them either..
Intenets above 503 is a buy and I expect them to hit 575 again... I thin we made a higher bottom yesterday as we tested the lows on DOT... my stop loss would be 545//
Wednesday, Aug 11 1999 9:18AM ET
Reply # of 28201
I think above 592 to 525 good visisbility on DOT..and today's recommendation..
Keep an eye on shares of eBay, as it appears that the consolidation has
begun. Action over the past couple of days has been somewhat encouraging.
Even after Friday's negative news, stock managed to move higher. Shares
closed right at its downtrend line, which has been a problem for the stock
the past several weeks. A close through this level would improve the
technical picture somewhat and would project a target of $106-$107.
Keep an eye on shares of CMGI, which are trying to form a base at its
200-day moving average from which a relief rally could be launched. CMGI
traded below this level today on an intra-day basis, but the stock made a
nice recovery by the end and closed above its 200-day moving average. This
increases the odds of further rebound in coming days. A rebound to low $80s
is likely on a near-term basis.
Keep an eye on shares of AOL, which acted very well today. After being down
several points on an intra-day basis, stock made a strong recovery by the
end. More importantly, shares closed right at its 200-day moving average.
This area provided support to AOL on each of the past few sessions. Based
on the action at this level, it appears that AOL could launch a technical
rebound, which would relieve some of the oversold situation. On any
rebound, initial resistance would be around $91-$92 and then at $105.
Today's action in selected Internet stocks might indicate that those stocks
might have reached a near-term bottom. They might provide some trading
rally.
trading-ideas.com
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Wednesday, Aug 11 1999 9:54AM ET
Reply # of 28201
pits are shorting....for test 1290...they will square at 1308 if it moves higher..
Wednesday, Aug 11 1999 11:37AM ET
Reply # of 28201
Covered my puts.....at 1290...Dave SP99U..... It is on http//: www.quote.com
I covered my puts.. at 1290- the pits are out made 90 cents.. good wage for a short work.. now waiting to see what market does. would like to go long SP99U 1330 Sept.. above 2187 for NDX. I think market will like to go and test this 1308 resistance...another great trade short on the open as market opened covered now and waiting for a move up to 1308 level// the magic call continues..ggg
Wednesday, Aug 11 1999 1:46PM ET
Reply # of 28201
Market opens Idea says short it and it goes down, at 1290 Idea says go long above NDX 2187 and we go up as I write-- in a days work we have been working exactly opposite to pundits they were fooled in the opening- they thought the trade is long on CSCO numbers, the market slaughtered them took the SPU down to 1288, the wave theory and all this exotic non-sense was thrown out of the window, when they thought oh it is breaking lets get short here, the pits got out went long and here we sit on 1298.. bi bi to the crash and disaster struck kids on the block.. now wake up market is about learning and learning.. not raising fire calls.. pay your dues Mr 'diaperbull'. .When are you going to change your alias next..?
Wednesday, Aug 11 1999 2:10PM ET
Reply # of 28201
1308 is my first target only very modest some 80-1.20 gain on some good number of calls on 1320 long Aug will make my day.. first down move than up move and my mother has come from Orlando and my Sis with Issac my nephew and David my brother in law.. so after all this fun .now I am going to sit on my dinner table and try to conquer the battle of bulge by eating less and looking more...ike
Thursday, Aug 12 1999 10:19AM ET
Reply # of 28201
I will try to get out at 1320-22 from my long calls or if 514 is broken on SOX or NDX 32 level is taken out... the pits want to short around 1323 area.. aggressive accounts may look at 1318..they say they want to take
it to 1300 ....so may be a reverse trade... but take your cue from NDX SOX and BKX...levels
View Replies (1) | View Next 10 Messages | Respond |
Thursday, Aug 12 1999 12:59PM ET
Reply # of 28201
14.40 $ s&p aug 1320 i am out...contract based on the sept future which hit my target..could go higher but our sources recommend to bail out...fwiw i think i am going to see 1322 they will run it higher...
Thursday, Aug 12 1999 5:21PM ET
Reply # of 28201
Like an accordion trade, we stepped out at 1318 from the longs of 1320, got back in and placed a long put- short call combo as NDX broke that 2238....and closed at (NASDAQ 100 ADJ (Nasdaq:^NDX) - More Info: N/A Last Trade
5:14PM ú 2214.33 )Symbol Last Trade Change Volume More Info
^BKX 4:30PM 796.86 -7.91 -0.98% N/A Chart , News
I think may be 2183 test in order as we see a number that may send some shivers down the market, the bond sell off took the market down but may be we hold that 2183 level..
<<by the way below 2238 on ndx or bkx 798 i buy long puts 1280.. aug only... may be i will like to sell some 1360's Sept a calendar spread.. that is it for the day now >>Message #28157 from IQBAL LATIF at Aug 12 1999 1:07PM
Get the full advantage of a move up and down, these markets unless they break on one side are great markets.. just follow your discipline and work around your levels...
Friday, Aug 13 1999 9:23AM ET
Reply # of 28201
Let it open if it stays above 1322 for atleast 45 minutes after the opening you got to get out or sell a higher 1310 strike to recover some outlay and leg out at 1332, we have a very strong opening as PPI was just great and core number was good the best thing would be to wait if the rally may not fizzle, strong opening sometime result in a touch down but here it looks like a very strong rally.. I will cover above 1325 my positions without fail..
Look at selling a higher back to back strike after 45 minutes like 1300 longs just see if it is not coming down sell 1310 to recover your cost get out of it at 1328 and wait for that gap close.. keep on top of your position and this your test...
Friday, Aug 13 1999 9:29AM ET
Reply # of 28201
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 happened 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. >> |
