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


To: James Strauss who wrote (21321)11/11/1998 9:46:00 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
I have this SOX thing which is showing a great move as I fore casted above 275-- I have also this NDX.X in a clear break out pattern on top the way the Stochastics and MACD are behaving on some of my indexes I would not like to see a breakdown until 1130 is taken out, we need this support to be taken out before even talking about any correction on composite the NDX.X divergence as I have explained in my morning post with that of composite and a huge tech move only indicates we are going to move to old highs before we see a break of 1092-- I will like SOX 330 to be hit and retracement from their will be interesting.. DDX 215 is visible.. Right-- now DOW as I have written is of lesser importance..



To: James Strauss who wrote (21321)11/11/1998 2:33:00 PM
From: Gottfried  Read Replies (1) | Respond to of 50167
 
Jim, re >My gut tells me that the market needs some down days to scare the FED into another rate cut next week...<

I would hope the Fed isn't as ST oriented as some of us are.<g>

G.