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

To: J.T. who wrote (16514)	1/20/1998 2:40:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I will look for 16800 to be taken out-this is a super trend line on perpetual chart- I think a doble close over 16200 is first sign of stability and 16800 is the second, it was wrong for most of the bearish standard bearers to predict doom and gloom on half understood data of US and global financial journalists- this is the begining of new phase of consolidation in ASEA- I will look at 1000 break very closely and expect the market to overreact on the upside and most likely catch the top within 2% lets live with the markets and these markets are real strong markets- bonds are now exactly behaving the way I thought they would- JT since you have been off line from last few months I think I would request you to go back and look at my predictions during this whole down turn on SOX DJIA Bonds and SPA you will find some very interesting posts- the break of 280 and support of 240 was predicted well beofre the evnt transpired- I think all told it is the interrelational levels which give directions on some of these posts I have developed a model forecasts on Nikkei break and HSI SPA corelation- now for me to think and plan for future I need to regularly go back and find levels of consistency and calls if so far I find things respecting the calls I have made I expect that I will see my levles again- three months posts are now compiled by and will be a good read to see if our approach of calling levels work or not. This study is more for future than the past more to be assured of one calls than anything else - once you catch my last post you will find my previous posts as a link- you will get a good picture. Thanks and keep a close look at close below 16200 on the downside and 16800 on the upside keep a close look at banks insurances and home builders. Eqipument makers are also good Klac Tencor keep a eye.

To: J.T. who wrote (16514)	1/20/1998 7:33:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

JT, Good Morning, Bonds are up ^10 to 122^20 this morning and March S&P, SP8H, is up 2.80. Dollar is strong as well. March Crude is up 33 cents too. These are Globex numbers just FYI for morning start. On bonds, the Tyx chart (60 min) shows MACD up, slow stochaistic up and turning, Elder Ray turning down and DMI down. Tyx has been running along the top Bollinger Band for awhile so it looks like it will head back down today. Will try a long for a day only trade. Have a good day Lee