Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peace who wrote (35054)	11/10/2000 6:34:37 AM
From: IQBAL LATIF	Respond to of 50167

PMCS EXTR and other stock performance does give a timely indicator of false breaks, yesterday when i pointed that the purpose was to highlight the false break, in breaks these kind of stocks should sell solid. just a point..

To: Peace who wrote (35054)	11/10/2000 6:35:19 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

A close above 1400 was unexpected, I think it will take few days for market to digest this issue of election.. In my humble opinion it is a lesser issue than impeachment if Jesse Jackson keeps himself out and does not make it a rurral urban divide kind of tension. I would assume once the market realises the banality of hte legal argument the elections would be decided by that recount, I will assume that market has nothing more to sell unless the market smeels constitutional crisis, that is not a problem the government is sitting and functioning, if impeachment of Clinton could be resolved I see no reason for this to drag, the markets yesterday did try to take the NDX and Comp down and I did see a lot of selling on futures but all said and done if we maintain this 1382 support and 10650 we shall be alright however I would like some insurance for unforeseen issues and that is 1300 level.. just in case.. things really get ugly a .5% premium of the portfolio valuation for six week of protection.. huge sum but in circumstances like this good protection.