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To: IQBAL LATIF who wrote (29543)11/2/1999 9:12:00 AM
From: Jerry Olson  Respond to of 50167
 
Ike

OXHP..a 13 print today should help it run up to `15 1/2 16, where theres heavy resistance...on P&F....

should pop today....



To: IQBAL LATIF who wrote (29543)11/2/1999 2:11:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Interesting resistance for TB's hitting at 6.12, I would take my profits here, if I have any positions and reestablish new positions below 6.05 for run to 200 days moving average, from that 'foolish post' on foolish bond trade this has been the most outstanding call on the bond and equity market , the trade would have worked as hedge if we would have head south and has worked in our favor since numbers were healthy.. to day the 1362 support worked great and now we need this to hold until we get clear.. in my oopinion a close below 1348 will spell trouble until such time the move from here is intact to 1407 trigger, which is the point where new high of 1328 would be compromised with squeeze that would follow 1407 break.... nice to see another landmark conquered 575 on SOX.. that opens way for 630 target on SOX.. however it has to be after 1407 is tkaen out decisively and no close below 1348..