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

To: Condor who wrote (39873)	6/12/2001 9:29:06 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Nok was one of the islands of stability and they had repeatedly asserted that things are not so bad as they are picking up market share from likes of MOT and ERICY, so the announcement of shortfall was very poor prognosis for the sector, from 40% rallying of the lows of Comp these disappointments are not built and hence some selling will continue and that may take us to the lower end of the range but I will like to do like yesterday long at my supports and short at the high, today I may see that around 1339 level may be 1228.2 but only below 1227 for 30 minutes I will sell to see 1213-16 area.. 9.30 to 9.45 area is critical as Second-tier weekly economic reports are due to be issued either side of the 9:30 a.m. EDT open, but no big impact is seen unless numbers show big moves from the norm. Bad news on economic front may consolidate NOK based selling whereas some satisfactory news may help market creep up some losses..SOX 650 break on two days basis will also lead us to 582 area once again..