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

To: IQBAL LATIF who wrote (19735)	9/1/1998 6:52:00 AM
From: IQBAL LATIF	Respond to of 50167

I would think that in case of 25 points plus opening- the pits will like to stop out the shorts but a test of 970 even 955 will give a lot of legitimacy to the consolidated move up. I will wait for an hour if 990 is not comprehensively taken out, the opening should run thru the gap of yesterday in my opinion -- so far stocks look very well bid -- I think one stragtegy conceivable is that they make people long at or above 990 and run it down to 965 area-- to come back up but it is going to be a choopy day -