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To: IQBAL LATIF who wrote (37999)	4/5/2001 8:43:53 AM
From: IQBAL LATIF	Respond to of 50167

Trading long after 45 minutes of open if we hit 460 on SOX or 1104-1108 on SPX a trading long on RMBS and AOL KLAC.. and long above 1138 if we take it out.. ideally a rally with a gap is one that I frown but right now I will take it, it would be better if we hit low test and move..

To: IQBAL LATIF who wrote (37999)	4/5/2001 8:51:07 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Traders are caught big time according to the news I am getting from the pits.. they will run the things up to trip the stops bring it back to sensible levels but running is due, that is how overtly callous short calls are answered by the pits..that is exactly within that second or third test of 1090 a critical level from take off.. Out of 6000 companies 1000 have pre-announced 80% of them negative, but what about the other 5000, no one asks that? Why they have been punished, if we don't have a recession and if the economy start showing the recovery many will have eat to their words ..