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

To: IQBAL LATIF who wrote (24167)	3/10/1999 2:29:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

200 days moving averages, when I say that anyone shorting the bounce on 200 days or 50 days MA this is what I mean. quote.yahoo.com^N225&d=t quote.yahoo.com^KSE&d=3mm Two classic breakouts above 200 days MA..just a pure academic exercise. today I would like SP99H to make a new assault on 1290, it made a new intrtaday high but failed, SOX at 372 is at a support a break below 378 I wrote yesterday was tradeable. I would like to see my NDX and composite supports to maintain. If 1268 is taken out we can go as low at 1251 on SOX 378 was a mojor support contnied weakness should not be ignored, we can get into these stocks at lower levels. I have been hearing that market can be soft due to some preannouncements and one needs to keep that in mind while trading for higher levels. I would strongly recommend extreme caution in entering new positions onl after two closes above 1292 SP99H not before, I don't wont new entrants to get whipsawed. Once 1292 is cleared we can trade a little more aggressively, wait ofr the pre-announcements and trade the intraday moves with nimbleness..Japan is looking good, Tokyo and Mitsibushi bank looks good so does SNE, I resommended that stock three weeks ago at 69 now at 89.. and change.. bi bi..