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

To: IQBAL LATIF who wrote (16803)	2/2/1998 7:18:00 AM
From: Beachside Bill	Read Replies (1) \| Respond to of 50167

IQBAL, George, E Graphs and others, thanks for all the info on the Industry Indexes. I will get out of you way here until I see something new to post. IQBAL, I hope it doesn't wear you out covering all of these areas. It is good to know where to look when a sector has peaked and another sector is beginning to take off. Thanks! BTW NSDQ100 futures up 21.00!!!!

To: IQBAL LATIF who wrote (16803)	2/2/1998 7:44:00 AM
From: George Mc Geary	Read Replies (1) \| Respond to of 50167

IQ, check out your prior post. DDX closed at 192.72, NWX closed at 277.36. Something is wrong with your numbers they don't match. George

To: IQBAL LATIF who wrote (16803)	2/2/1998 9:05:00 AM
From: IQBAL LATIF	Respond to of 50167

Please correct-George I mixed some indexes- this is a new service just little teething problems- Ike is becoming old.gg DDX- long 192 to 208 area- NWX-long above 284 area for ride to 296-98.

To: IQBAL LATIF who wrote (16803)	2/3/1998 11:25:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

One of the finest runs on BKX- sitting at 751 trailing stop profit 747 target 760. ( Imp- I keep a trailing short order below 986-) SOX- target 320 and beyond at the moment sitting on 308 nice to see this above 300 finaaly a clear break out we called it right from the bottom. INTC TXN MOT TLAB EMC- running like crazy and we are watching them run- run stocks run- the 'bhumbo' inching up pain threshold higher with second 'bhumbo' now taking a breather at 1010 short squeeze round the corner Idon't see any so far until market moves full hundred points from here- shorts are playing hard ball with 'bhumbo' towels not being thrown in- the NYorkers tried all day long to get the market down were unable and than pits put the first sequel of the squeeze we were up far above the level of 1008 but still towels have not been thrown in- now with CSOC and networkers with DD's covering up will bring new round of buying - it is bhumbo time bhumbo bhumbo bhumbo all around as JT puts it. Time to cover up shorts or throw up more money on margin calls. The markets is one difficult place I wish as Ialways say running short was as easy as intellectual perpetual shorts on SI in actuality now with SPA on 1010 we are now seeing shorts expecting a miracle but from where with INTC moving and TXN moving up we will be going thru a painful short covering soon- This is going to go much higher than 1020- the shorts are playing with bhumbo fire once bhumbo gets upsets than it runs runs and tuns- look at 770 break in 97-- the shorts were only able to cover at 960 so let it go throw in the towels so bhumbo may not go mad-- 1020 is the target but when Isee possibilitieson SOX this is a explosive market. I warn every one there can be a short term problem that of Iraq being bombed again and market will react badly that is one small glimmer of hope but I raq seems to be backing down but if bombing starts or if threat is real we will close or go short below 987-- I have a trailing short order at 986 - Keep a short order in the market wel below the support but for unforeseen political developments. I have defined new targets for this market my supports are moving up to 937 area as target reversal support and on upside Iam revising potential move to 1100 a full 10% move from here within 30 sessions= rather earlier remember I use to write on bhumbo qualities that once 1000 is taken out the breakout will be for real the number of range trading of SP over last several months tehnically make a huge run possible- exuberance yes- this market is 'Narcisst' loves itself and it is loving itself from 5200 level--- if after a quarter earnings market decides to break the lock it is giving some message- keep your selection to oversold turnaround stories likwe ALTR LSI ASND forget about entering new positions on stocks which were selling a deep discount and someone was telling you this is not the bottom.