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


To: James C. Mc Gowan who wrote (29131)10/5/1999 3:34:00 PM
From: IQBAL LATIF  Read Replies (5) | Respond to of 50167
 
The uncertainity curtain is still on 'upward bias' is not good for the market sentiment and for the traders ,I would like to see this gap filled now two points left 1297 was the low I would like 1292 to be rung nicely and loud.

I would like to look at the close, a 1300 close leaves me with my position, if SOX and DOT are not breaking selective buying in good stocks will come and i will cover above 1308 area.. macro economic fundamentals are again in fore.. great trade today like the other day when I pointed out that DOW point, these kind of trades make me feel what the hell I am doing here running in hte park I should be trading in thick of things but as you know good tradrs never burn their oil, they have strategies and they play it nice and cool,,enjoy the volatility now and let the thing run..until either 1308 is out or we have a close above 1302 or 1295 is tested and held.. if SOX and dOT and nDX stay above these levels I would not be too much worried but anyway someone who is long puts big time will anywany not be worried..