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

To: IQBAL LATIF who wrote (30122)	12/17/1999 9:33:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

It looks like we are going to have a strong opening...bonds are up so is NDX up big. Now we need to see soem real good move in RUT and DOW, if we make a new high on DOW and close above it we will see sa next leg of rally based on transportation, BKX RUT and Utility, we need to see soem improvement in utility index also. Breaking of range from 1442 would be a very positive for the market, if we hold above 1452 and close above that with a Mnday close above this important support area we are moving on to 1475 as the next target but move may take us to 11800 on DOW and a good move in RUT.. Some long RUT positions may be great..if this range is taken out on upside..