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To: IQBAL LATIF who wrote (29049)	9/28/1999 10:52:00 AM
From: IQBAL LATIF	Respond to of 50167

This link depicts a nice DOW chart.. when we tested that 10260 area we were holding a trend line which extended from previous resistances of DOW.. investorlinks.com Comp remarks are interesting too, trapeed between 25 and 50 days but bounced off 50 days MA....

To: IQBAL LATIF who wrote (29049)	9/28/1999 1:49:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I am looking at this 1364 on NDX on break off 1390 i established new positions third time today, 1260's long puts on SPZ options i am looking to cover them here for me 2364 is higher htan the NDX low made on 30th Aug, we are definitely seeing DOW breaking and test of 10000 and 9800 area looks on cards but NDX DOT SOX are holding fine at 2360 area, 610 and 510 on SOX, for me my core holdings are not impacted by DOW but by NDX so if that is holding instead of getting trapped I would now get out take my profits and wait for this thing to break the Friday's NDX low. or DOT 592, the amount of premium paid on these puts justifies a careful entry and exit as we trade, for me a profitable trade is the one you get in right and get out right with some change in your hand..keep watching for that 2340 600 500 on NDX DOT SOX these breaks will definitely give that new round of selling indication... The market is selling on Gold and is preparing a rate hike in its core..