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


To: J.T. who wrote (16596)1/26/1998 9:05:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Lets watch carefully- selling on good news will be bad news but they will not sell-- lets see- Koreans are going to go out of business lock stock and barrel and than we shall see how the prices will keep falling to beat US with subsidised loans was one thing but now are the 'ground realities' Koreans wil soon be told like Indonesians no more free rides 'wake up and pay up time for free lunches'- long live our MU's-- Hope to see SOX thru 301 soon? or the 255 I will take 310 any day JT>>

P.S.JT by the way the chart pattern on SPA look at it from Aug see this trend pattern whichever side it breaks it would be a hell of a move I will catch it below 900 but if it goes higher from here or anywhere in the middle I will not be caught short I will ride this market both ways but lets keep our options open.



To: J.T. who wrote (16596)1/26/1998 10:02:00 PM
From: J.T.  Respond to of 50167
 
WOW. So much for the rocket fuel in the techs Comp and Sox. Up out of the gate (although nothing to write home about) for Comp and Sox only to fade (red) into the bell. CPQ swallows the whale (DEC) after finishing its appetizer (Tandem) only a year ago. Wow baby. What does this mean. Well for starters, you are going to have a "digestive tract" problem. Simply stated: anybody who believes this stock (CPQ) is going to test new highs anytime soon believes in the tooth fairy and ought to have his/her head examined IMHO. I believe this stock is going to test May/June 97 support/resistance levels (20 to 22 area) within the next 4 months... I welcome all input re this biased viewpoint..... I've seen it happen over and over...On the upside, MSFT to split and finally "breaks resistance". Tommorrow is higher here IMHO. JT