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

To: The Perfect Hedge who wrote (26201)	5/13/1999 3:09:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

DOT has this resistance at 660-664 area, if it takes it out this index has the best potential, everything else has moved up except DOT, so I would think that DOT should be longed if 666 is printed it is much above my 625 level, I see your point but Tech move cannot be isolated from DOT, if box makers and semis have made the move this is in offing.. I will look at it after the number and plan my move, the element of surprised that I expected was punctured coml;etely with untimely resignation of Ruben, we were preparing for a drop on Thursday we got for some other reason on Wed, as far as cause of drop is concerned I have highlighted that GDP deflator that is troubling the bond market is dud. I could only think that may be instead of expected .5 we may see .6 and see some jitters where bonds may head south and we print something like 2520-40 on comp it is in this area if the number is benign we may see a pick up, if number hits the expectations we go higher... and DOT will not under perform for me my stocks in such a case would be AOL YHOO AMZN EBAY ATHM SCH..BRCM....