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


To: Logain Ablar who wrote (32632)8/30/2000 3:06:24 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Tim.. this is a very very bullish development, it is the DOT first time since sell off taking out the 100 days MA at 827 I think, with IIX already established 200 days break out and DOT confirming the news it is only a matter of time that these stocks move up violently, this move in terms of technical correctness is the closest you get for a good signal upwards, the SOX 880 signal will be no match to this breakout in my opinion the problem is that DOT 200 days is still far out and IIX has to cover a lot of ground for DOT to pick up but DOT represents much bigger market in terms of numbers of smaller companies, a buying in this is hard to be induced but whenever it has come it has been a nice fresh air.. lets watch.. my stop loss here would be 492 on IIX as a support I will wait for this to resolve one way or the other..