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


To: zainrehanzack who wrote (32491)8/18/2000 3:24:02 PM
From: Logain Ablar  Read Replies (3) | Respond to of 50167
 
Hi Zain, Rehan & Zack:

A chip stock I favor in the sector is AHAA, Arbor Industries. They have been expanding capacity and have MOT, NOK & Erricson as customers.

They took a hit when MOT & NOK indicated their issues but the stock has recovered somewhat. Maybe worth a look on your part.

Tim



To: zainrehanzack who wrote (32491)8/21/2000 4:23:38 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
In my opinion we are moving in to very strong resistance area as far as Comp and SOX goes, this area is the trend line that extends from the previous lower highs on Comp as well as SOX. I cannot ignore the impact of that simple line..

Comp 4080-4120 close is absolute important for this buying to ocntinue, although NDX and OEX both have taken out the trendlines extending from the tops I still think that we need to break this Comp resistance, I would think that SOX is facing a formidable resistance at 1210-1250 band, for market to fly higher we need SOX to maintain that 1080 support, we break that twice cut your positions and take your profits. Extensively relay on that 492 support on IIX and 524 resistance if we break the upside get into oversold internet stokcs like NPNT or even AMZN CMGI or ICGE even LU looks nice, we fail at that level we are goign to see a sewrious setback to as low as 800 on SOX and 440 on IIX.

In breakouts i have learned from my experience that you need to be careful with your profits made from pickings from thel ows of SOX and IIX, I think this is the reason we develop these intermediate points to watch carefully so keep watching SOX 1080 IIX 502 if we break these supports go defensive, if SPX 1500 plus close becomes reality and 1508 is out we will see that rally will take us much beyond July highs on all indexes for SPX to be taken out either we need a big rally in OEX NDX winners or IIX and SOX needs to give that momentum kick, for that situation to watch look for 821 break on OEX that will be a very bullish development and 3908 on the NDX, that will indicate that NDX and OEX confidence has been restored and winners are heading this rally, very interesting but nothing in concrete, trade within your limitations and trade within your cross reference indexes, that is the way i am going to deal with the markets..

Good analysis on what your wrote about crime, htel longstanding tradition of htis thread is to get involved in htese discussions over the weekend and get back to trading on weekdays, so now I hope to see some good recomendations from your secret bag as you promised me last night.. bi



To: zainrehanzack who wrote (32491)8/21/2000 4:24:11 AM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
In my opinion we are moving in to very strong resistance area as far as Comp and SOX goes, this area is the trend line that extends from the previous lower highs on Comp as well as SOX. I cannot ignore the impact of that simple line..

Comp 4080-4120 close is absolute important for this buying to ocntinue, although NDX and OEX both have taken out the trendlines extending from the tops I still think that we need to break this Comp resistance, I would think that SOX is facing a formidable resistance at 1210-1250 band, for market to fly higher we need SOX to maintain that 1080 support, we break that twice cut your positions and take your profits. Extensively relay on that 492 support on IIX and 524 resistance if we break the upside get into oversold internet stokcs like NPNT or even AMZN CMGI or ICGE even LU looks nice, we fail at that level we are goign to see a sewrious setback to as low as 800 on SOX and 440 on IIX.

In breakouts i have learned from my experience that you need to be careful with your profits made from pickings from thel ows of SOX and IIX, I think this is the reason we develop these intermediate points to watch carefully so keep watching SOX 1080 IIX 502 if we break these supports go defensive, if SPX 1500 plus close becomes reality and 1508 is out we will see that rally will take us much beyond July highs on all indexes for SPX to be taken out either we need a big rally in OEX NDX winners or IIX and SOX needs to give that momentum kick, for that situation to watch look for 821 break on OEX that will be a very bullish development and 3908 on the NDX, that will indicate that NDX and OEX confidence has been restored and winners are heading this rally, very interesting but nothing in concrete, trade within your limitations and trade within your cross reference indexes, that is the way i am going to deal with the markets..

Good analysis on what your wrote about crime, longstanding tradition of this thread is to get involved in htese discussions over the weekend and get back to trading on weekdays, so now I hope to see some good recomendations from your secret bag as you promised me last night.. bi