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


To: thebeach who wrote (17606)3/26/1998 10:19:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Groove is out but still in. INTC buy back is good news. CSCO servers news was also great. What about MSFT beating street analyst what do they sell? I think if it is something to do with computers I will assume that we are in next few years setting up for a good run on techs. If software is doing well IT is big no reason that dead stocks like DDX NWX and SOX will stay at these levels. You may well apreciate that we have called DOW as the steal of the century full seven months earlier than it actually happened on 28th we looked like fools but we reiterated our bullish stance my point of view is that broad fundmentals are stacking up together very well, I remain bullish and expect these gains to consolidate between 50-20 ma lines and 1137-45 for SPM and 260-365 area for SOX between now and July I will bet on the upsideand have suggested the trade long SPM puts and long SOX DDX NWX calls. Keep well beach- best regards and wishes IKe.