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

To: Jerry Olson who wrote (33195)	9/18/2000 10:23:22 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

PSE is for me more representative of winners take it all phenomenon than INTC CSCO and MSFT breakdown, that three stocks breakdown is more of a common known knowledge,I am more into PSE SOX and for me PSE 1075 and 1055 are more solid supports than CSCO INTC MSFT supports, I am watching carefully these two supports on PSE and also SOX resistance at 1006 the 200 days MA, if we break this 200 days MA I will cover my protective puts.FOe me in a falling market 100 days and 200 days MA do become solid signals, right now SPX has tested this 100 days without violating it and 200 days sits still far, unfortunately my whole strategy is based on trend lines underlying sentiment and expected earning momentums, on all these counts I have still to see that sell signal on which everyone else has got already a pre-warning..