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

To: IQBAL LATIF who wrote (19156)	8/5/1998 4:14:00 PM
From: IQBAL LATIF	Respond to of 50167

The floor was long today since morning- their were eight sell programmes and seven buy programmes but the last sell programme came in big, the floors slightly backed off filled most of the orders at around 1060-64 level and ran the darn thing back up like a bullet--luckily stayed out of the carnage at low although if we were closing their I would have been much more defensive, but this should help a rally in Europe tomorrow. In my opinion this last sell action was one heck of a blow to bears without this we may have seen my 1102 level-- but within overall thing we saw that range being respected and a close above 1070 was achieved.