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To: IQBAL LATIF who wrote (28937)	9/22/1999 2:35:00 PM
From: Jeff Jordan	Respond to of 50167

Ike, Thanks....I guess we'll see how well we hold up at close. I copied your post on my thread, just spreading the views of King Ike.<g> I've been watching the currencies myself....earnings will start to influence the market shortly....but first we must get past the warnings. Jeff

To: IQBAL LATIF who wrote (28937)	9/22/1999 5:28:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

When we are very prone to a disaster Ike finds that decoupling, a second earlier, points it out very simple and here we go high and high on DOT.. now what did I know that DOT after that 625 will close at 650 but as I predicted the sell never came.. finance.yahoo.com^DOT&d=t NDX 2500 was taken out finance.yahoo.com^NDX&d=t and SPX was not able to break through that 1300 or that 1314, so if you look at it my advice is simple, not to do to much not to worry so much even as markets are hit we take it cool and we see our levels.. Message #28937 from IQBAL LATIF at Sep 22 1999 2:03PM I think we are holding it very well so far, the bounce of DOT from lows and steadying course it held as we sold solid all around is a good sign, so is holding up of our support even today . For me I am buyer at the dips and seller on the tops on inter day SPZ options trading. I will like to see now on DOT a close above 625 and a break of NDX resistance of 2500, if we see that it will be good to intiate some long positions on BRCM VOD DCLK..

To: IQBAL LATIF who wrote (28937)	9/24/1999 2:12:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Right now I am looking at Nikkei trading heavily down at that level 16800 an important area.. I am watching it carefully as markets are hit by the currency turmoil or so called $ weakness, the asset bubble or if you look at SPX is now at eight months lower trading band...DOW by breaking 10500 looks awaful for all practical purposes it looks a genuine break down but in my opinion we need a confirmatory second break below the key numbers that probably we will get and we establish this new zone and band of lower trading from 1265 on SPZ to 1297.. this 1297 on SPZ is going to be a major resistnaced if we close below it today in my opinion we may not.. lets watch the asset bubble that worried AG is capped very properly <<Wednesday, Sep 22 1999 2:03PM ET Reply # of 28967 <<This DOW level is an important support, I am looking at 1314 area for me that is far more important, ................. right now I am trying to trade specific inter day on SPZ options as we consolidate in this area, we need now either 1330 to break or 1314.. that will decide the short term direction of the market, we can see one day short break but wait for two closes before you take a short plunge even if DOW breaks 10500 on closing basis, I will close my shorts and not carry them overnight if even 1314 is taken out. As far as I am concerned I am more interested in Nikkei and Yen at the moment and $ strength vis a vis Euro and œ, I think we are seeing some reversal of flow and $ is strengthening vis a vis every currency except Yen , for me the classic trade wsould be to re-establish my $ long position vis a vis Yen at 102 area and go long Nikkei as Nikkei hits the 16800 area if we see Yen at that 102 area...>><<Wednesday, Sep 22 1999 2:03PM ET Reply # of 28967 >>