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

To: IQBAL LATIF who wrote (28246)	8/17/1999 11:38:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I think this 1334 is a level where one can buy some long calls for Sept 1360 worth 19 and get out of them if 1320 is taken out, however my feel is that will after this test of 1328ish max may be 1334 is the bototm interday would like to take it higher to 1362 area in next session or two, I see that as an objective and this is purely a trade on iterday basis with strict stop loss on the down side.. this is SPU option.. futures not cash..

To: IQBAL LATIF who wrote (28246)	8/17/1999 11:41:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 50167

I have been having problems with SI this morning (and my broker pages). The GAP is now filled so do you expect a continuation of sell the news or now that the Gap is filled a reversal back up to re-try over head resistance. The last part of this drop showed signs of exhaustion but TRIN is still awefully high. I hold Don Sew in high regard for his signals and he does have a sell signal on for today with the drop kicking in fully over the next couple days as does Carpino. I had to take care of a few things so I have not had a chance to snoop and see how my key stocks are holding up so far. The levels I wanted to see broken through to the upside were mostly met this morning but if they don't hold it, then I might put at least one bear claw back on <ggg> I am speaking of course of extreme short term like 3-6 days. Good Luck, Lee