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


To: IQBAL LATIF who wrote (23610)2/19/1999 5:21:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I would think that a close above 1235 was good, I hope we maintain this support so as to make a move above 1242. It was interesting to see DOW moving however in last ten minutes SPh sold down slightly it was in 1243 area and closed 1238 and change. I think that today we will see some consolidation above 1235, if it takes out 126 this time we will test 1218 a long target where many want to go long. Yesterday everyone was expecting a slower afternoon and they also expected to go long that 1218 area but it was not to be. I will like to go long above 1242 area and keep a tight stop loss at 1233.. I think we should see some move in SOx to 392 and also BKX consolidating above 802 area for a assault to 815 resistance..

I will be leaving for Lahore and will be busy in next few days. I am invited to the dinner in honor of Indian PM tomorrow at lahore Fort, I hope this trip goes on well. I hope to be on thread but my schedule looks like pretty busy.. bi bi until we see each other next..I hope I have some good stories to tell..