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To: The IB Dude who wrote (39071)4/17/2001 11:31:59 AM
From: IQBAL LATIF  Respond to of 50167
 
Reversed from 1192.. like a magic, to cover two days of action where we see a range of 1167 to 1192 and we picked it well is the value that one should strive to bring on these threads.

1167 was the reversal yesterday and we came back up, today it will take some more probing at 1192.. Zain, markets cannot be traded in void, we need to know the broadest index that is S&P very well. You know SPX well, you will be a great trader, like your father you may loose many a battles but no wars.I would think that INTC after hours will set the tone to 2250 if IBM and INTC do well than we are home otherwise a range between 1080 and 1192 for next four weeks.


<If we are able to hold this 1178 and 1167 area, we will most probably go and check this 1192 today or tomorrow, on break of 538 on SOX we can see retest of 500>