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

To: Jeff Jordan who wrote (28533)	9/2/1999 10:17:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Third interest rate hike rumors have hit the market on the opening coupled with tomorrows unemployment number today will be a very hectic day.. will try to go for a long trade above 1321 if 518 and 550 on SX and DOT holds well. I will short SPU if these supports on SOX and DOT are out cover them at 2335 area and expect that hold if NDX 2330 break we will see a lot more selling and that will take SOX DOT much lower too at the moment I am keenly watching NDX 2360 area and other key indexes for weakness.. a very weak opening I expect some little bounce but may be a close above 1322 if we hold well in next 30 minutes.. some damage recovery may be inthe wings.. a very cautious day before a big number with all kind of rumors..