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

To: The Perfect Hedge who wrote (26797)	6/4/1999 12:16:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

If 550 remains unconquered today we go and test 490 on nets. This would be a second close below 550 today, probably today is the day, NDX nicely slipped to 2030 the support is just 10 points away, if 2015 is taken out decsively short the darn thing to ride to 1940 level. If 1282 on SPM is out get the thing short to 1250 support, however a bounce off 2020 will be equally strong, I have this trade for downside protection but I will long the DOT if NDX goes up to 2045 and SOX breaks 395.. PSE 511 will herald a much bigger selling and you may see until CPI market drifitng much lower. I will be busy playing cricket at the tine market opens and will than be glued with India Australia match but I will try to post pit views today. Interesting day..