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

To: Jerry Olson who wrote (22861)	1/23/1999 5:43:00 PM
From: AlienTech	Respond to of 50167

>>my brain cells are not the same anymore....:>}<< What really counts is still having some.

To: Jerry Olson who wrote (22861)	1/24/1999 11:26:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Thanks OJ-- I see that you are establishing a potential bottom at 1185-95 level.. In my opinion I would rather like to concentrate on NDX and Composite, if any action would come it will be in these two indexes by the time we see 1192 on SPH you may have composite at 1980 level.. so right now I am watching 2320 my level of Thursday night a close below it will force me into a very defensive posture... On trading I have long calls that I have placed third time in this move and I would rather salvage out of htose calls but not before I see composite moving down and BKX closing below this 799 again today. For me that will signal a sell too 772 .. All said and done I have no stomach to short the market as always is the tradition of this thread I will rather buy put straddle and try to leg out at appropriate time.. Right now in my insurance I have only some 1180's Feb.. I am loking at NDX and I will trade that as hedge most probably alongside SPH..Lets see if we have this close below 1228 and 1210 today..