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To: Judy who wrote (21360)11/12/1998 6:49:00 PM
From: IQBAL LATIF  Respond to of 50167
 
BKX in my opinion has broken the 760 clearly it will probably rebound from 725, I think it is the 50 days MA, I am looking at the indexes very closely and I think that we never had so many 13 days crossing 50 days EMA last time around we had only two whereas right now every index is giving a long term buy signal we need to break on all these indexes and reverse for that to happen I will like to see 1771 taken out that will lead us directly to 1680 support, this break if it comes will be very ugly technically I just don't know what conditions macro economically can bring about this as I think we are in a good position to go ahead, never seen as I have posted the whole charts of semis in such a bullish configuration from breaking out the cross over of 13 days and 50 days.. still one needs to be protective of our profits and I would hate to give them away for me I will closely watch NDX and composite and keep highlighting it.. I am long INTC huge but for a trading 'high' I bought Jan 110 for 4 and change I think... I would like to think I will get out for 14 on these.. lets see- as you know man wishes God disposes...Thaks Judy I will go to bed now if you have any question please let me know we will discuss them throughly tomorrow... Love and best regards to all your near and dear ones..



To: Judy who wrote (21360)11/12/1998 6:59:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Judy -- Good point on momentum buyers-- I just overlooked it while replying you earlier.. please keep us informed.. we need every bit of your help....



To: Judy who wrote (21360)11/12/1998 11:00:00 PM
From: Sonki  Read Replies (1) | Respond to of 50167
 
judy, today was a confernce for semi.cdn up 4! i forgot about it. u told me about asyt but i was too pre occupied w. dell. seems like ASYT rates very nicely w. the analyst. within last two months two analysts
that used to rate hold made it strong buy.

looks like company is in looses this year and they will be in less loss by 67% next year. so i hard to figure the value.

oh, btw thx for finding me the symbol on tbr company but it did not
give me a quote. tbr is down quite a bit so i assume that one will
also be down.