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

To: steve susko who wrote (18984)	7/17/1998 2:36:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Composite is in a breakout- and it is now supported by companies like CSCO SUNW the Coke's of the networking industry-- sooner than later some smart ass will realise it-- this 2000 breakout with strong buys on CSCO's and SUNW and EMC's can be very explosive-- SPX may not make much ground but composite closing above 2000 with a yesterday intra day test of 1983 is quite capable of moving up to my target of 2050. By the way in my opinion 2010 was a very strong resistance but so are the strong buys which will fuel this market.Much as I want be very cautious I will like to highlight what I think is underlying changes whichever side you flip the coin we will certainly se a lot of rotation- money from boring sectors will come out and follow some of these stocks, how ever I will recommed for our small accounts to keep this play minimum to lowest possible exposure don't bet your 401 on ths but some few calls here and there would help. Caution and absolute understanding of forces which moves the markets need to fully judged. Markets are cruel places you need to be nimble and fast but in the meantime look out for that opportune moment go for the jugular.I have come in search of 'party' as Ray outs it to \|London. My bosom buddy is getting married -- the fun starts tonight with a festival called 'Mehandi' the boys side will go to girls house and take a lot of 'Hina'. Her hands will be painted with Hina. Lot of singing and fun with high fat diet to be served to every one-- tomorrow is 'barat' where all of us will lead our friend in a small caravan (cars are beautifully decorated) to the girls house, where after a dinner party the girl will come to her new home(tradition calls for some misty eyes as she leaves her fathers house although in her heart she wants to go asap)The mother of the girl will make a bit of fuss and may be cry a little too but it will all end in a very nice sendoff. The last is Valima this is my friends turn to dine the 'sural wals' the girls family- so next few days it will be lot of fun and partying-- God bless markets that our fun has been doubled as CSCO SUNW and EMC beats numbers-XLNX was a disappointment but it will come up soon, I will rather sell it and get back into it at lower price.