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

To: the options strategist who wrote (25350)	4/20/1999 4:33:00 AM
From: IQBAL LATIF	Read Replies (6) \| Respond to of 50167

Jen-- I had missed your post, I wished I could have answered it, what shocks me the most that most of the people expect that market should keep making one way moves, the moment we have these self correcting systems at work we all got very worried, if you really look at it this is a very nice thing for the health of the market in background of good earnings investors are deciding to take rotate out of speculative stocks and get into the real stuff, all said and done with SPm down huge BKX resisted the sell off rather JPM and OSX's RIG closed higher now these are stocks which had remained in the back seat for quite a while, if we can move higher based on NHNL we needed this correction in nifty fifty, it is just a realisation that rally in nifty fifty was over extended and it would be good that oterh opportunities may be equally followed.