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


To: J.T. who wrote (22715)1/19/1999 6:41:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
And to add a little fwiw the market needs to stay above the recent bottom it is has made at 1210..on SPH..BKX will also hold key to DOW if you see it slipping thru 799 again rest assure market will follow, but BKX will give you a strong signal an advance warning, BKX will only slip if Brazilian and latin skeletons are too hot to handle otherwise I am looking at this chart as home run to 873 and DOW breaking out the previous high.. I see two days as crucial for our BKX.. I will like this thing to hit 825'ish today.. I will like my 1255 strait jacket to be out of the way and transporation to show equl vigour and internets have been cursed and Yahoo huge drop is not the last we will hear.. another two days of carnage and we will have all hell breaks loose but I will only play it thru DOT which I am involved in..



To: J.T. who wrote (22715)1/20/1999 2:42:00 AM
From: J.T.  Read Replies (2) | Respond to of 50167
 
V-type bottom lasts 4 days ..... hangover dissipates .... and "bhumboree crawls back into cave.... <gggg>. I attribute today's sloppy action in A/D Index as option expiration related from Friday's monster run and we will get "clean #'s starting tomorrow". We should look nice with the #'s and I will be happy with 3 to1 (+ to -). Assault back to 9770 DOW, 1,290 SPX but it is BKX and SOX to rumble out of base formations 799 and 400... Broad market participation will carry the day and we don't need any late day interday reversal surprises. Over and out. JT