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


To: George Mc Geary who wrote (18935)7/15/1998 5:24:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
We have 6th day composite running in a row-- so I will take my money off the table--MSFT and IBM will provide that boaster type rocket-- so for me 2000 will be a very solid resistance- you must have also noticed that I was concerned about 8244 level-- although we moved up to 8300 intraday but were unable to finish up there above that 8244.5 level-- I will like my techs to move higher and higher and higher on to 300- to be honest I surely think this is on cards and look around you will find that lot of late money wil join now-- since I predicted INTC TXN take off and H&Q cme around with a buy hours later- the movement has been great. I will like to throw some money on Oct 300 calls on SOX- if you are agressive at the break of 2000 on composite or if you want to wait let MSFT and IBM give you the cue--

The timing of the move and precision today has doubled my pleasure of world cup win-- bravo-- it is not the money I am happy about it is now consistency of my thread--I most humbly want this thread to do even better service to readers and lurkers--slowly and steadily we will proceed but I want nimble appraoch take your profits off the table-- the way I am long I will be short with equal ferocity- just stay and look for the global alert-- the markets George are crule and we need to look at 1957 and 9162 on the down side my next level is 280 MSH and PSE broke 362 -new highs and this is like a move when we got up from that composite 1715- the day I wrote a bounce off 200 days out of 5 times in six this is a signal for a big move. Last summer lot of my friends carried away with lot of open positions and I would like this not to be repated--- it devastates me and depresses me.

APM squeeze could not have been better called- I executed the order after posting within two hours of my purchase APM ended up 11/8 a tremendous move for a SMALL stock I proposed at 53/8. I would think the short squeeze will come in DDX and APM I will cut my longs at 55/8.