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

To: james medina who wrote (21784)	12/5/1998 7:25:00 PM
From: IQBAL LATIF	Respond to of 50167

Our global discussions are a appetizer of this thread, I assure you that the fear and greed of market is equally emphasized ofcourse focussing on big issues only help overall clarity of thoughts. I can't agree with you more, the problem is euphoria if AMZN can trade at a multiple of rev they think owning something with some reference to P/E is great. I think the fact remains we need to be very very selective and very nimble to trade these markets at these levels, markets move up as well as down, they get oversold when it is a time to buy and overbought when it is time to lighten up, I will like market to show me the next move if it breaks 1180 twice in my opinion we go higher, in my opinion this is a stumbling block and lets take from here with each stage.. Up or down we need to make money more on trading than keeping too much on the table that is exactly my strategy since lightening up. I cannot ignore if this things move and I am out of it although knowing that my resistance's have been breached.. So would be my supports in between 1180 is a sell until otherwise confirmed and 1128-33 is a buy-- I would think if SOX breaks 355 I will see 1200 breached..