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

To: James C. Mc Gowan who wrote (31614)	5/30/2000 5:42:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

James that call was more a technical call, no news were factored in for QCOM, for me I thought QCOM and Soft bank is a long. When I was asked that is your call a short? I only came to know of that negative news than, however I to maintained the direction of my call and posted so. It ended up nicely although it was unchanged when I wrote.. considering the circumstances of today I think it was a decent call. I think that 1382 on SPM is my better call since last few weeks, if this level holds until Friday we may have seen the bottom of techs for a little while.. On NDX I will be solidly long ( I am already less solidly long gg) if SAOX PSE takes out 1018 levels on two closing basis and NDX closes above 3460 on two closing basis, I think than QQQ is a trade to 99-101 area, with a minor resistance at 93.. but all said and odne this has to tkae out the levels mentioned above..these are mostly 25 days MA, undoubtedly qqq has takne out the 200 days MA but needs further close above 87ish area and remain their for some time.. I will check the stability with SOX and PSE.. regards