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


To: The Perfect Hedge who wrote (24647)3/24/1999 12:32:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Bebblebrox- I don't short stocks, I long them. I play the markets with precision on intraday basis, I think I got out at the right time For me if you go back in my last one week posts I have been asking to buy some puts and selling NDX calls with 5% of one's profit, I can only speak of myself as I got out from my long calls and was trying to replace them with out of monies, the problem yesterday the pits told me was Serbia, today once Primokov lands in US we may see some settlement. So for me if 1251 is held on SPC that would be a strong sign of reversal if that does not hold I would think we can hit as low as 1238 an SPM and 1192. However 1261 area on SPM important... I will be liking to go in and my level to rentry is SOX 376 breaks on the up, BKX 855 break on the up and DOT 600, NDX 1992 break signals a buy. I will sell if 1257 is taken out to cover at 1245 area.. Expecting some shorts to be run.. In case SOX 350 is out I will see a good posssibility to see 1238 on SPM.. So I will play the futures and indexes respectively.. Shorting them and looking to sneal back in for getting my positions back, I will like to get in TXN AOL IBM MSFT EMC SNE but only when my levels are out.. Love and regards..