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

To: Sonki who wrote (21606)	11/23/1998 1:39:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Sonki-- I think look at my forecasts on NDX-- this market needs no words, you know it well how it is impacting your account if you are part of it, for me NDX level I am now moving my watch level to 1555 - which I think is a support- BKX 815 if taken out on two closing basis is another very positive for the market. On a two day support if we break 1520 this we go and test the 20 days MA, that would be quite a substantial move down.. However you just be with the market, I would only buy puts when my levels are taken out at 1520-let the big gus sell the core.., right now if you want to know I will reiterate my level of 1750 on NDX which I highlighted some time back as a target-- the break out from 1481 where I wrote all bets are off if you add my little analysis and see the back and fill and you read my targets you will see that this is a bullet train don't stand in front of it -- those who miss it can stay on the platform-- but don't stand in front of it.. The shorts are bleeding from this run and I would say just if you want insurance leave market order to buy puts below 1520 big time after two closes..