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

To: Charlie who wrote (29534)	11/1/1999 12:34:00 PM
From: IQBAL LATIF	Respond to of 50167

1362 to be watched for a test of 1352 area if it is taken out but I will watch the bonds if the bonds break 6.19 yield and move higher I think we will go and test that 1350 support, however it looks most probable that we may hit the old high before testing the supports for simple reason try to ignite the short squeeze, as per my reports shorts have extensive positions the trigger point is 1407 area to be covered I with my little knowledge would assume to think that we will trigger that before anything else...but watching bonds would be helpful as would be BKX and NDX 2600 support.. if 1407 is out we will not retreat well 30 points above the old high that would be the type of squeeze that is being planned, so for me this is most important level here, after double limit open up it would take something to go down and for me that is the bond we should keenly follow..