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


To: Tom Trader who wrote (15212)12/2/1997 11:06:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
TT- Your read on SOX is right- but market overreacted Kurluk opened up his mouth and I think market overracted due to his call on INTC - I would use this opportunity to trade S&P on the down side if Techs remain under pressure- use lack of put premium in S&P for opportunity to open in possible break of 970 support and retest of 962- this is on cards if we don't see strength in Techs today- my configuration is hinting at this scenerio - if Techs pick up we may see the possible attack on 980- without Techs market goes nowhere- I wish I could read Kurlaks mind but being a small fish just interday trading gives me immense satisfaction and pleasure of being a part of this global market.