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


To: james medina who wrote (29981)12/9/1999 4:42:00 AM
From: IQBAL LATIF  Read Replies (4) | Respond to of 50167
 
I would think that if 1800 is out on two closing basis we will certainly see as low as 1720.. I would assume that DOW will slip to below 11000, I think the case to buy this is only valid above 1925 on the way down we will pick the level later, if it breaks the reasons would be more than stock specific it would certainly be market specific selling, I don't think as I have explained earlier that SPZ can test lows whereas NDX keeps making new highs the two have to move in the same direction, even if DOW cannot participate SPZ has to run above 1428 to justify entry into this proxy.. fwiw