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


To: IQBAL LATIF who wrote (33352)9/21/2000 11:53:14 AM
From: Peace  Respond to of 50167
 
Financials and Energy stocks have given up their recent leadership. Who will provide the next leadership ? If it isnt the techs we will be in some serious trouble. With earnings round the corner the techs will get the opportunity. But can they ????? <g>



To: IQBAL LATIF who wrote (33352)9/21/2000 12:20:15 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
Hi Ike,

I hate to say I'm losing confidence. ;-(..at least near term

tenlights.com

I hope I'm wrong....I had to make a statement hoping things would improve on that event<g>

yesterday I was saying the longer we stay at these levels the better? ...hmmmmm, I suppose that's true.



To: IQBAL LATIF who wrote (33352)9/21/2000 1:13:55 PM
From: IQBAL LATIF  Respond to of 50167
 
As default number one bull on SI voted only by a majority of two votes among a total strength of 30000 plus, I stand by OJ and Susan (my two voters) I still maintain what i said in the morning,, 1438 and 1456 levels.. lets see how I we do today.. an egg on the face or a nice decent call at the end.. going by history, emotions and charts and ringing ofl ower supports lower than 1444 on all count we have seen good action, now we need the covering process of this 5th double pair bototm test on the 200 days MA and also to make it a great support a bounce to 1498 1500 area.. a wishful thinking however below 1435 buy some 1400 call options.. that is the strategy.. ggg

<<Comp 3800 plus minus 20 has been a reasonable support so is 1444 on SPX we can run few stops as low as 1438 but overall I see this 3780 area to hold and expect that 1444 will hold to, that is a classical 5th double bottom and 11th eleventh single test of 200 days MA on SPX , this test in pairs are important and I am looking to act on the side it moves long above 1456 and short calls on options below 1435, if we hold this today it augers well for the market if not we may buy some 1400 SPZ puts below 1435 and hold them for next one week.. >>