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

To: tech fool who wrote (26062)	5/6/1999 12:01:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

That is the art not to be swayed by one day huge swings, now once you hold on to a move like yesterday the next step of identifying a resistance is a smaller step, like we saw today a test of 1353 n the opening and than a move down to 1338 on SPM, once the stops were triggered they brought it upto 1245 area. On DOT I have this 625 support I would like this to hold ideally on closing basis, I feel that 650 needs to be triggered and for a more sustained move 675, we will see a lot of activity, and one more thing always remember that if market is breaking down use this rule last in first out, book your profits on break of supports something which you added at 590... 1335ish area is important and so is 2520 on Comp and NDX 2115... BKX retested that 897 area, I think in the afternoon we might see some breakout if we are able to stay above 1342..