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


To: J.T. who wrote (23366)2/9/1999 10:21:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
JT- I try my best to guide my thread into unknown, I give levels and interrelate them to each other that is the only way I think we can work in this market.. My SOX 392 break alongwith DOT 500 and 1980 on NDX all signalled a sell yesterday, pits were to be honest not at all that sure, they were not expecting the late sell off it was the pits who went long at 1226 to get out at 1242 towards the end, the only way one can notice this is that major indexes were not following.. Still the sentiments expressed on correction is only good as far as my levels are broken that is how I operate.. I wish I could make it more clearer, sometime I see this thing and I say like a 'googly bowler'man this is the one to short straight, it was this I was specific about DOT 500- one break.. It is a pleasure to hear from you and it is pleasure to write all this and change gears in the middle..