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

To: IQBAL LATIF who wrote (30084)	12/15/1999 10:22:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

A classic example of key reversal.. as we use to know it.. may it is different now.. Look at brkb, it made a low at 1721, now go back to my posts you will find 1730 as my low target, now after making that low it is trading at 1761, if it closes today above 1798 which is yesterday high, that is a low being made and a previous day high is being crosed we have a key reversal here.. but it is worth academic interest only.. this is important tool in my analysis... Now wearing my modern new analytical cap..if MSFT INTC ORCL are not breaking and if 1400 or 1398 on cash holds we may see a good bounce, now for that a trade is possible in NOK ALTR AMAT SUNW INTC ... If Brkb reverses get into brkb and G BA Best buys and other Buffet stuff.. but I don't see a break when ORCL's MSFT's are rallying so for me this where we are is an important juncture we break it we go and test 1398 on SP00H, we hold it 1398 CASH (we are 1401 on cash and 1419 on SP00H)we rebound and some oversold situation become good.. my thread emphasis on daily money making tricks around some 'winner takes it all' core, so for me I have these various ideas within inter day...