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

To: ALTERN8 who wrote (38713)	4/11/2001 3:57:07 PM
From: Ron Dior	Respond to of 50167

Out of all my positions. Cash is king. Didn't like the looks of the market in the last 30 minutes. Ron Dior

To: ALTERN8 who wrote (38713)	4/11/2001 4:07:35 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

10011, 1902, and 1166.8 so far, still 7 minutes to go.. The market does not move up when faced with relentless mindless selling that had no reason. I think most 'unfortunate' trap was on 22nd of March and the second one where we won the 'victory from jaws of defeat' was that double test of 1090 support, at 9100 on 22nd and 1090 test confirmed for me how a blind man plays this whole chart based cycle, fundamentals are key to any market. As if that 1090 was not enough for bears, at 1090 double test it was 'sell sell,' it should have been buy buy buy, now the sell could be possible, most of these guys have a lot of short up and time to cut thati s the last 10 minutes figt in the pits was all about to break the barrier of 10000 and 1900 fw little iw. This big move has given me enough to sustain another big one down far better. That double bottom and once when we broke NAZ in 1997, from a test of 200 days support will hopfully become a folklore of this thread.ggg In my opinion we lost it in Feb, you guys may have lost it on that 9100 and 1090 test and on support you don't sell you buy, and that sealed a lot of short money below 1100..