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To: IQBAL LATIF who wrote (28292)8/19/1999 9:56:00 AM
From: ynot  Respond to of 50167
 
thank you ;) ynot ;)



To: IQBAL LATIF who wrote (28292)8/19/1999 10:15:00 AM
From: IQBAL LATIF  Respond to of 50167
 
I have decided to close my long bond at 115 02 I think we may see bond at 114 where I will try to re-establish these long calls, markets are looking weak today and will certainly sell covered SOX calls in next 30 minutes if NDX 2300 is broken decisively... I think 492 on SOX break will encourage me to do that, also DOT 650-670 calls can be sold if we see this NDX breaking 2280 area.. On upside my strategy will be to short at around 1335 if I see unchange but before that I will write..



To: IQBAL LATIF who wrote (28292)8/19/1999 10:40:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
After exploring 1345 twice yesterday and market inability to break that we have seen a lower opening due to trade defecit, I think 2261 area on NDx is the target of the market which equates with 1318 on SPU.. TYX can test 114 os my immediate concern is trade on long put options if I see 1333 area which I think is a resistance now.