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


To: IQBAL LATIF who wrote (30964)3/23/2000 9:30:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Majestic move....Nice to see MSFT INTC GE CSCO IBM in the moves, very satisfactory, little did I realize that I will not have to wait for Friday for that.. in the morning from a distant land well before the market opened I highlighted the potential movers although it was opening 5 points lower on SPM but all the below were in the big move, reading charts simply and applying them to get trades is a fun, and this thread adequately does that again and again with accuracy and lethal projections the turns even my own head spinning.. ggg Thanks market for letting us understand you so well and trade so well..gg A little back pat after a 9760 to 11110 move on DOW is order of the day..Now that 775 on my bkx INDEX IS blown apart and with that 11000 on DOW let us keep a watch on 800 or 792 as a support on bkx and DOW 11000, if I recall it right buried in this last two weeks posts are references to Bkx 775 as a key resistance and taking that out a door to DOW 11000 and more greener pastures... with GE GM jopining and MSFT closing above 110 and CSCO blowing this 150 we are on the right track..

<<Message #30964 from IQBAL LATIF at Mar 23 2000 9:14AM
This is a new break and a new break can be really majestic, I wouldl ike this 10805 and SPM 1505 area to hold as far we hold this as of Friday we will set up for some decent move.. the big players are now falling in place like IBM MSFT although IBM 108 is out real action will start above 118 and MSFT 100 is blown out real move will be above 110.. GE blowing through 135 was great like JPM and AXP move however I will like AOL above 72 and INTC making a solid base at 135-140, CSCO 150 with splits apporaching for GE 3 to 1 and CSCO we are I think setting up nicely for earning season.. we will certainly test that 1480 area once or twice but overall I don't see anything problemetic on my radar screen, please let me know if you find something..
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