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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (19596)8/28/1998 3:48:00 AM
From: IQBAL LATIF   of 50167
 
Global markets continue their slide-- Grmany is approaching that trend line where if it breaks it may head much lower nearly 4775, I would think that this is the major major support on the channel back from Sept 97-- this also will constitute a major plus 60% correction of what was a big move 4400 to 6200 from Jan 1st 1998. Good value being created.
CAC-40 is heading towards that 3675 support and I expect it to hold that level...this is also a 50% and change correction from Jan 98 move 3100 to 4400 nearly..

I see Japan entering in a area of relative security-- we will see flight to quality to Japan very soon- non performing assets may be preferred to highly strategically suspect assets- in light of my previous posts today you may read in between what I am trying to say, time to go long in japan is fast approaching..

So will ASEA- and Latin America as Europe pressures mount-- the globe will not be left for Russian bears to walk about and prowl as they please, these markets will come. As a futurist I look into things never talked about or raised this is my speciality I hope you will forgive and overlook if anythings hurt your sensitivities, my thread is basically a forward looking thread and we try to highlight things still under wraps, it will not be much later you will hear this from WSJ stories..
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