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

To: IQBAL LATIF who wrote (19025)	7/23/1998 8:29:00 PM
From: Barbara Barry	Read Replies (3) \| Respond to of 50167

IQ, Well,FWIW...I think another bear trap is in play and I will watch very closely for 1120 spx...Today I almost go sucked into calls when I thought we might have put in a bottom.Then good sense took over and decided to wait until after 2:30...and as they say "the rest was history"!It's not all bad taking one day at a time and being able to sleep at night not feeling smug,rather enjoy feeling humbled!Looking forward to your analysis tomorrow. Regards, Barbar

To: IQBAL LATIF who wrote (19025)	7/30/1998 5:00:00 PM
From: IQBAL LATIF	Respond to of 50167

IBM INTC TXN NOK ASND are stocks we talk about on this thread and have been putting strong buys on most of them I am pleased that we CS First Boston with following- cbs.marketwatch.com and now I would like you to notice how the equipment makers are faring- cbs.marketwatch.com Is SOX ready to turn the corner? I think above 262 it is a buy-- and if we see 1155 on SPU taken out we have a nice going from here on techs and PSE-- the close was ugly on compsite yesterday below the previous close but so was the recovery which washed out the close yesterday as false break as we got above our critical 1918 level in the end. I did not like that SPU stayed below 1152 Tuesdays high where our rally stopped in the middle but these Techs turnaround and ADV/DEC line at a position I would think gives me that may be we stay above 1155 tomorrow we are going to see another move to 1170 area on SPU and 280 on SOC and 362 on PSE-- I hope we can see this 1155 taken out tomorrow.