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To: IQBAL LATIF who wrote (21523)	11/19/1998 3:09:00 PM
From: steve susko	Read Replies (1) \| Respond to of 50167

What do you think of the RUT .. i took a small position in Dec 400 was expecting to get out either this week or next. however, rut has been underperforming but still moving up, and the MM is holding the bid price down.

To: IQBAL LATIF who wrote (21523)	11/19/1998 3:24:00 PM
From: IQBAL LATIF	Respond to of 50167

Classic example of NDX forecast on 12th Nov-- we go up without DOW performace-nice to see it happening exactly the way we thought it would-- To: +James Strauss (21321 ) From: +IQBAL LATIF Wednesday, Nov 11 1998 9:45AM ET Reply # of 21527 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: IQBAL LATIF who wrote (21523)	11/19/1998 3:29:00 PM
From: IQBAL LATIF	Respond to of 50167

Look at 1539.6 how this thing turned from their and went back up to 1542 right now shows the pressure on 100 stocks and market not ready to sell them, now unlike SPZ where manipulation is possible a broad move like this becomes veryt difficult to sell, if you sell the futures and the prem disappears over cash arbitrage possiblity comes into play, you need to sell the stocks to get the cash down now inabsence of cash going down a sell programme can only last that much as market pops back up right away.. for sustained selling the cash has to break the stockks the core stocks need to sell.