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


To: George Mc Geary who wrote (22919)1/26/1999 1:37:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I see next three months as critical for Japan, the Banking sector news helped the market strongly which opened quite weak.. As far as 14800 is concerned it all depends on what happens in Brazil in next few days and if US market is able to continue the thrust forward, my bets are as you know on the side of forward move if today we take out this strangle hold at 1255-64 area.. this is a huge margin for a move from a person like me who fixes tight stops like 1228 and 799 or 792..on SPH and BKX but actually I need it for this particular leg knowing the operations of my firends in the pits..right now it is at 14398 level after a failure at 14500 so in my opinion this is a healthy slow move. The best kind of move backing and filling I am positive.. On Friday target I have no problems if today actions are good in latam..