SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (18901)7/13/1998 2:07:00 PM
From: steve susko  Read Replies (1) | Respond to of 50167
 
The internet forecast was right on - long AOL and short YHOO looks like a low risk trade.



To: IQBAL LATIF who wrote (18901)7/13/1998 4:05:00 PM
From: Thomas Winklhofer  Read Replies (2) | Respond to of 50167
 
Hi Ike and thread, yes the french championship started a big party. I'm working with some guys in Marignane near Marseille. I couldn't talk to anybody today 8-))

Allez les bleu!!

Some time ago we talked about my system for the Russell2000 and I posted a question to get historical option data. This is not available on the net. But if somebody needs historical data for futures (also tickdata with volume) visit cme.com.

Does anybody know a good, means fast, cheap and reliable futures broker (by phone, max 2-3 rings)?

Regards
Thomas



To: IQBAL LATIF who wrote (18901)7/24/1998 2:12:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
1932--Up or down the levels either are resistances or supports-- they don't change, this is one important point to know market action by heart.
To: +CareyM (18896 )
From: +IQBAL LATIF Monday, Jul 13 1998 5:05AM ET
Reply # of 19034

As France makes it to the world cup championship in soccer- I congratulate French nation for a well deserved incredible victory -they just outplayed Brazil in every field it was a tremendous performance and unlike any other self styled World Series was watched by 1.9 billion people all around the globe. Viva France.

As we go into markets post Japanese elections I have following observations-
1- Markets in Japan have been higher may be a sense of relieve that the government may have to do a bit more in face of voters rejections of inaction.
2-The overall indexes are clearly giving me a pre-dominant signal of failig at major reistances-- in my opinion 1130 is on the cards even 1118 if 1921 is taken out-- on last friday I talked about a test of 1921 we almost got it as market bounced back from 1926. I will very carefully look at a break of 1932 area and will buy some protective puts below it, these puts will only be bought on closing basis and I will wait until last five minutes to place this trade, overall I see SOX going back much lower if 242 is taken out or 345 on PSE, we need to carefully watch these signals the global signals are all turning back from resistances and unless these immediate reistances are taken out we may see some testing of very key supports for me 1892 on composite and even 1885 is possible- if 1140 is taken out we have this 1118 support as very important support and I would think that we will hold that in case we go down of course we will always drift a couple of points lower before heading higher from that level.

On the upside I will like 1210 as my objective in this summer rally I have reasons to think that this will be the ultimate reistance like we had 990 in our previous assault from 750. My range would be 950 to 1210 between now and Sept-- on SOX I will think if we break 265 we go to 300 and PSE makes new highs but if 261-2 area remains unconquered we go back to 227 even lower, we are right now in a very sensitive stage, my bias remains a good test of 245 area or 348 area on PSE or 1921 on composite below it we will see lot more selling.A break of 265 will help composite to go higher and achieve during this summer rally my target of 2050.bi bi