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To: IQBAL LATIF who wrote (30563)2/1/2000 3:06:00 AM
From: Skywatcher  Read Replies (1) | Respond to of 50167
 
I refuse to believe that .75 is coming in the next three months...
last time that happened it put the entire world economy into a tailspin...
chris



To: IQBAL LATIF who wrote (30563)2/1/2000 3:50:00 AM
From: IQBAL LATIF  Respond to of 50167
 
<<1392 resistance on the SPH 1348-54 support, 1320 short term objective.. the gap would be filled, a second close below 10850 on DOW sends initial medium term sell signal.. objective as low as 9800.... >>

For me the most important thing was that close below 10850 as I wrote yesterday that is my 200 days MA on DOW that rally in the end took that resistance out we need a good close above that 1428 number for me to see this continuity of the rally and 11000 be taken out. A single close below that does not validate the medium term sell signal if reamin above that it becomes a support we will see 11000 and 10865 as the range which market will try to take it out..



To: IQBAL LATIF who wrote (30563)2/1/2000 6:14:00 AM
From: Mao II  Read Replies (2) | Respond to of 50167
 
Mr. Latif: If you take apart the GDP numbers for the quarter, you can see that the economy is indeed humming along. But a major boost to growth came from an extraordinary increase in government spending, up almost 20 percent over Q3. I do not expect this high spending level to continue, and therefore numbers for this quarter may well indicate apparent cooling. M2