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

To: IQBAL LATIF who wrote (19928)	9/4/1998 11:04:00 AM
From: IQBAL LATIF	Respond to of 50167

Big boys are absent from the pits-- not really around I don't expect that anyone has the guts to sell this market below 972 and even 996 high is difficult to break-- however lot of back and forth possible I see that we may do what pits are not expecting this is a dangerous number ECI-- it has made a big hole in the whole logic of deflation- my trade-- buy TB's put Dec contract 120--just dish out 11 ticks --150 $ each-- or 122-- 26 ticks--- GE 80 calls will look nice-- Market exected to trade between 972-996-- we may have seen the top on the opening-- my trade was on the opening short the market and cover at 884, it was in hindsight perfect plaY..