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

To: saulmon who wrote (23488)	2/15/1999 2:18:00 AM
From: IQBAL LATIF	Respond to of 50167

I would trade COMS only after a successful test of 1192 or a break of 1292, until such times I will be watching the intermediate supports at 1228 and 1210 to see if it warrants to go long on indexes.. I have this 1980 resistance on NDX and 1923 support, I will like to see this test of supports at 1923 or break of resistance above 1980 a decisive directional issue which this market needs to address. I will like to go long above 1228 if we test and hold 1226 arera likewise I will be shorting below 1940 on NDX to see a test of 1923. I am long ALA calls and I have lot of time left on these calls.. I expect this stock to turn around soon.. AMZN if we are able to hold DOT 478 area I would think AMZN hits 130 by Mar otherwise we may see 85's where it is a good buy before that you have to see what is happening to NDX as major correction nto 1130 would take us to 1780 area where NDX will be a compelling buy..