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

To: IQBAL LATIF who wrote (28267)	8/18/1999 10:07:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 50167

I have been unable to post most of yesterday and today so far trying again. IKE good calls yesterday. My trading was non-existant as I was unable to get fills where I wanted them due to low volume. I did try to buy a salvo of puts on the close yesterday as I beleieved the chances of us pulling back like this were good. We are in a battle between two markets right now with the major indexes looking bullish while most stocks are not able tobreak through resistance. The major indexes did push through yesterday but this mornings drop is now makingthat look like a possible over shoot. I will be watching closely to see if this is a momentary options related type drop, return to the trading range we followed most of yesterday or the beginning of another drop implying that this resistance line is holding. I tried to make 7 trades not counting my closing attempt at puts yesterday and got no fills. I am hoping today goes better. My first look today will be for the morning bounce from this dip since there usually is a bounce where the pits cover old shorts and then go short again for the next push if there is one. EDIT - Had to turn off the preview option to get it to work. Good Luck, Lee