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To: mattie who wrote (26079)5/6/1999 2:04:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Bond will not help the markets, BKX is showing me all, better to be on the side lines, I think that best trade would be to go long 1320 puts.. Rarely Raj and I have bad feeling, today is one of those days, we are cautious and got out, looking for trade here if momentum on down side picks up otherwise I will wait for 1364 area, I will like to see if 1320 holds that what thepits want they are not positive and are short.. with bonds at these levels I doublt we may see a big buy order... Lets watch, as traders we made good on yesterday trade, could have made much better on the open today if I would have sold out but the feeling almost changed as momentum failed to pick up.