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To: IQBAL LATIF who wrote (17159)	2/26/1998 9:12:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Talking loud- Iwas just trying to look at FTSE and CAC-40 charts for historical virgin territory movements- FTSE and CAC-40 in my opinion are forward indicators of 6 weeks- 8 weeks- now this is purely theoritical but trying to see a break point or peak of this DJIA move-- in my opinion I would consider FTSE 4969- 5230 move to DJIA 7697- to 8193 move-now once the chart pattern at 5230 was taken out we had solid 9-10% now we have FTSE trading at 5752 region-- if I look at CAC- 40 I can make similar case so if I interpolate these two readings on DJIA- 8193 and try to mark a move up we can easily go up to 8900-8990 area-- now this is possible thru what I call global comparisons with markets at different levels of economic cycles I try to find lag time and lead time and try to look and gaze into future. Now we have been a solid rare thread with focussed approach from 28th Oct reversal our object is reading and staying with this trend as long as possible and that is what we strive for-- this is not going to easy for an ordinary investor to face the voltality. Very treacherous territory but what a clear comparative chart.

To: IQBAL LATIF who wrote (17159)	2/26/1998 3:50:00 PM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

SOX testing my today's pre-opening forecast of 330 level like a magic market dancing to the tune- I will keep trailing stop profit at 326.8 on my yesterday's SOX positions of 320 and 330-- 8500 and 1050 a small milestone on DJIA and SPA- interesting to see when do they cross the this 'pshycological threshold' I will bet on --not today --lets see. Just a little fun other then enjying positions running-- ALTR XLNX doing alright- buy for today thread.