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

To: fuzzymath who wrote (29939)	12/7/1999 9:18:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I think if we are unable to close above this 1428 mark I would consider the break on Friday as false temporarily. We had this run to 1452 area we retraced back to 1427 on Monday which is near or about the 1428 mark but if are unable to break this today I would see some more consolidation.. I think that we need to see 1000 on DOT to be taken out if any kind of puts has to bought or 1424 for a trade to on or aobut 1417 area .. I am going to watch closely this support and also look at NDX momentum..above 1432 we may see a retest of 1455 area. This is uncharted territory and a lcose above 1428 today would lead me top think that 1455 is the objective and 1475-80 area as the next major reisstance. CSCO IBM TXN INTC need to watched carefully they ahve all come back from test ofl ows and have some margin on the upside same with MSFT HWP... so for me the day is look for the levels to breach wait ofr 45 minutes and take the trade.. I would consider IBM from 116 to run quickly up as would TXN if 105 is maintained..