SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (30092)12/15/1999 11:05:00 AM
From: Susan Saline  Respond to of 50167
 
thank you .... am holding off on the buy trigger ... we seem to be holding here ... watching for your numbers to come up ...
always appreciate your help in this such time :o)



To: IQBAL LATIF who wrote (30092)12/15/1999 11:13:00 AM
From: robin 187  Respond to of 50167
 
Ike, I know you like TXN, I'd be interested in your opinion of the beating it's currently taking. Is this a buying opportunity? Thanks for all your great posts...
Take Care,
Robin



To: IQBAL LATIF who wrote (30092)12/15/1999 12:36:00 PM
From: J.T.  Respond to of 50167
 
Hey IKE, There is another horny bull short term in your neck of the woods for this pop. This is like old home week. MSFT to the MOON. For your eyes only. <ggg> MITA 2,016:

...<DOW UPDATE: Well, the bears couldn't even take out DOW 11,150 on a close - the first support. Now we are at this resistance of DOW 11,220 which was eclipsed one day Friday last week only to fail the second close.

Now this market is ready to rocket as BKX is only now bouncing off the lows.

Need two closes above DOW 11,220 - shouldn't be a problem.

DOW 11,310 dead ahead. New highs forthcoming. The backtest MITA 1,916:
----------------------------------------------------
...<DOW UPDATE: Friday's closing action was huge as we held above higher resistance level DOW 11,220 MITA established to close at this DOW 11,224.70.
The backtest MITA 1,832:

...<We may get a DOW bounce tomorrow. If we do, DOW 11,150 is new resistance, with higher level DOW 11,220...

DOW support is now this DOW 11,085 level which is right below 10 day MA of DOW 11,090.87. This DOW 11,085 should only come into play if wash-out develops. Higher solid support is DOW '11,150 and this should hold as long as bond yields stay at or below 6.19%.

I would only be concerned if DOW 11,020 is breached off of DOW 11,050 previous support we have mentioned in the past - a last stop gap.

DOW resistance is really DOW 11,310 and if we take this level the old high DOW 11,326 will be left in the dust as roadrunner beep beep bull will smell blood and fear of loss sets in and the fuel will be set to the fire for this updraft. DOW 11,390 first new upside virgin territory. DOW 11,550 is second virgin blue sky.. DOW 11,900 before Christmas if Tuesday CPI is benign>...
-------------------------------------------------

P.S. Nice call on BRK.B - it will close in on 1,800 and then beyond like a homing pigeon.

All the best.

I must be in the holiday spirit...

Best Regards, J.T.




To: IQBAL LATIF who wrote (30092)12/15/1999 4:38:00 PM
From: IQBAL LATIF  Respond to of 50167
 
In markets we have calls and super calls look at this and appreciate the precision and accuracy of the call...
we cloesd at 3621 and tested 3503. the pojt I was mentioning was not taken out on Comp the 3500.. and we did rebound much above 1408 on SPC.. so in aLL a great test of supports and a bounce which saw that 1432 taken out thast was the resistance...
finance.yahoo.com^IXIC&d=1d

from the 2503 to the close on Comp we had a 118 point move on comp and from 2271 where I kpet my long we closed on NDX
at 3239..from lows of 3121 to 3239 it was a move of 118 points on ndx we captured it between 3272 onwards,,,
<<Look at this chart on comp we take out 3500 and we have only air in between 3500 and 3440.. we will certainly see lot lower and that is what 1400 breaks clearly indicates..
quote.lycos.com.
<<If this 1398 is going to hold on SPX we will see a rebound but I will not initate buying on very speuclative basis UNTIL 1408 ON spx IS TAKEN OUT OR 2272 ON ndx.. BETTER LATE than early in this rebound.. I will keep a stop at 2265 if we seeing a close below that we will test little lower something as I have reiterated 1398 on sp00h.>>

Thisa whole charting and every day call in market is abvout identifying great levels, we do it every day without fail and that what makes us happy and sure that our crude models add up, if money making trades is objective of the post I would assume we do it on the head every day and I am grateful to this thread ofr such precision and accuracy.. lets keep repeating it every day nice and quiet in a forgetten corner of our great SI world.. love nad best regards to every one who helps me to get the best out of me... it is dedicated to my friends who have over the years listened to the sage advice and help me with this method of reasoning..in markets every day.. love and regards and best of trading to everyone Ike..............
written as i came back and looked at the close.. ignore editing mistakes,,ggggg