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

To: J.T. who wrote (16541)	1/22/1998 3:22:00 AM
From: IQBAL LATIF	Respond to of 50167

JT_off topic I am in Karachi working on some projects- do have access to net however just running short of time- I have few comments- 1- Suharto refusal to step down has caused this new wave of selling. 2- I think this is not begining of a major fall again on charts it looks a lower high failure to probe 990 on this spike up can be for a puritan a very significant negative but I will avoid shorting until I see a close below 955- this selling can be a good opportunity to make some money between 955 and 937 only a break below 937 will take me this time thru 910- on SOX I think we will see some consolidation above 260 level- 3-On techs we may see some strength I will expect Banks BKW at 690 a screaming buy it - but I will expect a turnaround by tomorrow in ASEA as significance of Suharto news is discounted. Although I will leave it until I see some reversal from 955. Bi Bi have to run- Thanks for keeping in touch -