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


To: OVETUS who wrote (25016)4/8/1999 1:49:00 AM
From: IQBAL LATIF  Read Replies (4) | Respond to of 50167
 
Juan---

A close above 1340 would be great today, I think yesterday on SPM we made a new high that is good and bulish, we tested 1322 many a times and that is good sign. Look at my last post, you will find my levels, see the miracle once again the BKX came back up from 855 to 900 nearly a break of this will be a long signal, RUT was not able to take out 402 and that troubles me slightly I will like this to move butI would think we are going to break the jinx. Until such time I would recommend caution against new positions. AOL calls and exit could not be better timed something that was trading at 37/8 when I orginally highlighted I got out at 34$ in less than one weeek. With BKX break of 900 and a break of RUT above 402 even 405 we are going to go lot higher. If we fail in RUT just go for cover and ig you see BKX retreating ,I take great honor to highligh this break at them ost apporpriate time and when I established this as an important signal I knew I will be able to ride it..

Right now just look at RUT very patiently all the signals are OK except RUT and BKX let this thing going, we will see the first resistance at 1378 area, if we break 1355. NOK.A AOL C TXN EMC are drivng my core and I am happy but I am also trading briskly every day.

I have been down with mild fever and will be back on the thread once I am fully recovered within a day. I feel a lot better.