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To: IQBAL LATIF who wrote (17944)4/15/1998
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
DDX resistance is 200 and I expect that to be taken out-- the run possibly 220 as first target and as high as 240-
INTC resistance is 80 with prospects to tackle 85 very much visible.
SEG I would assume 30 33 as major resistance but it has formed a solid base and will trade from here between 35 and 38.
I also like LSCC however I have made my comments somewhere where I think they are more appropriate.
SOX --I would like 301 close an indication of strength in Techs-- 310 as next solid resistance and 318 and 330 as a possible target to be retested in case numbers are good. My slant remains bullish and expect that 330 will bwe tested again.
Nikkei-- I also think we are going to attack 17200 soon-- the present formation at this level gives me an indication.
CAC 40 DAX and FTSE-- I will expect a phase of consolidation. 4000 6000 as major resistances on CAC and FTSE.
Composite-- 1857 will be retested and I expect that to be taken out.
SPM-- I see resistance at 1130 and 1138.



To: IQBAL LATIF who wrote (17944)4/15/1998 10:06:00 AM
From: Brian Fukuba  Read Replies (1) | Respond to of 50167
 
Economic Calendar:Business Inventories 0.6%, Export Prices(Ex-Ag)-0.3% , Import Prices(Ex-Oil)-0.2%

Details: briefing.com

Weekly Summary:
moneynet.com.

Ideas Home Page: come.to

bri

IKe,
Your response to the Kahunites of buying puts only on break of 1810 on composite was a great call!! My SEG Jun 25 calls I got beginning of the year are looking good now. Thanks again for your on the money guidance.