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Politics : Idea Of The Day

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To: Jerry Olson who wrote (31098)	4/11/2000 7:26:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

OJ.. great read.. however old economy stocks may do good nice moving average cross overs on most of the old economy stocks looking good PHA is in break out and WLA making new high here, but LLY and PFE MRK still lagging, with swap spreading I would assume that smart man AG would realise that it is already becoming prohibitvely expensive for corporates to borrow so no more hikes in pipeline,that is good news and will damper demand on the other hand if you look at global indexes from wehre I sit that even techs will not sell that hard but the momentum in old economy is gathering pace, next one if we rebound from 4200 on Comp that will be good too.. You early riser is age catching up with you man?..gg

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