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

To: Ross who wrote (21616)	11/24/1998 2:21:00 AM
From: IQBAL LATIF	Respond to of 50167

I would like tranportation to be taken out we are still lagging, I would also like BKX second close above 815- if these things happen I would like 1750 as my target NDX- if NDX breakout is checked out we will see that my SPZ 1130 analysis which surprised every one when I nailed it end last year and again as we were hitting the lows- if I go by that if DOW and composite will follow the trend of NDX we will see levels correcponding to 1750 on NDX that is my read-- 10-12% from here and than a correction to 1380 by March I don't have tools for that but I am very much inclined to get out at 1555 level if it anttimes break however will get in at 50 days MA if we go down before 1750 and if we test 1750 and go down we will go much lower- so my targets right now will come from NDX -- my DOW target and composite target will wait for that breakout until that two days clear breakout happens I will wait for my target- this market is a IKE BHUMBO based market and when new highs are taken out after the confirmatory signal I will post the levels right now I am buttressing my puts side- using some money to buy puts already simple I can since have account which is just bulging and when I see like that I don't get mad like bears did at 1320 I think contrarian- reight now I am working on puts of internets I want to double up my doubled returns ggggg- buying puts at these levels are fun..