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

To: Riskmgmt who wrote (21430)	11/16/1998 11:33:00 AM
From: IQBAL LATIF	Respond to of 50167

Ray I can only say one thing tie this thing with NDX 1460 break if we cross 1500 and break 1155 area we go straight to 1180 area, the BKX index as I thought bounced off 728 three points higher than my anticipation the way markets are acting I don't stand in front of markets making new highs -- I will only go short when I will see 1080 breaks big time but interim I will short in between 1455 to 1390 on NDX- so mine would be a very complex move if the core 100 keep moving higher this is not a market to short if that breaks nothing keeps this market here, we go and test the 20 days MA. fwiw