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

To: IQBAL LATIF who wrote (22092)12/23/1998 2:28:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
I would like to think that the gap on composite between 2040-2060 and 2080-2010 and 2120-2140 need to fill, between 18th to 23rd these are three gaps and they would fill touching 2020 on composite for me the best trade is cheap long 1200 puts and just forget them you will see these levels before expiry. The higher it goes the better it becomes to buy these very lucrative puts- on one hand they provide some kind of hedge to your exposure at these heights on the other you may have a good return..



To: IQBAL LATIF who wrote (22092)12/23/1998 2:50:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Just food of thought for earnings beating the estimates- like COMS beating street and now down to 46 and change from 51 shows me that market is primed for earning surprises.. one needs to take care that we may see buy the rumor sell the news as we move in first quarter..stock making new high at 19 million share is not something I can ignore.


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