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To: IQBAL LATIF who wrote (23820)	2/25/1999 8:36:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 50167

Microsoft Corp. (MSFT) 152 7/8 -2 9/16: according to Dow Jones news, software company pulls out of the BancBoston Robertson Stephens technology conference due to speaker being detained by antitrust trial.....

To: IQBAL LATIF who wrote (23820)	2/25/1999 9:02:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

IKE excellant call yesterday.. all the P&F indicators got worse.... we will probably go and test 9100 again...i don't think 1250 SPX will hold...

To: IQBAL LATIF who wrote (23820)	2/25/1999 11:16:00 PM
From: IQBAL LATIF	Respond to of 50167

message from IQBAL LATIF on Feb 24 1999 11:11PM EST... <<Test of 1251 was predicted day before and I asked for some puts to be bought as I knew that it is more than likely that a move from 1215 to 1284 needs a retracement to 1251. I would think today can be another interesting day we may open softer or we may test 1248-45 area, however if BKX 802 SOX 410 is maintained I would consider a trade to go long at 1239-35 area if we ever test that with a stop loss at 1224 break. If towards the end BKX DJT RUT contnues to show weakeness I will like to add some 1180 long puts purely for trading.>> I maintain my levels to go long at these levesl- look at these 1235-39 area that I highlighted yesterday although SOX was the heaviest hit but I think I will like to go long the SOX even selling 330 and buying 410 June's. TXN is a buy in my opinion, all my trades on long side will only be executed when NDX breaches 2004 on the way up or SOX takes out 392.. SPH closed at 1241 we can see 1231ish range but in my opinion the chances of a rebound from there are equally good, a nimble trader can trade between 1235 break and 1224 area that I plan to do but it will not be until closing basis that I on SPH that I change my position. BKX held up to 802 support very well, this is market consolidation at its top and naturally it leads to painful whipsaws.