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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31320)4/28/2000 9:32:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
The market has started going up, the Comp yesterday was a good deal and looksl ike we are going to go higher 1518 is my objective on SPM and hopefully the comp area of four resistance and IIX area of 525-535 will be compromised today for a good straight run, in hitory of markets only one thing dictates the direction of the market, the economic strength and income spread on both counts I see that US is proving to be a successful model. Now those dooms day predictors who thought that skies will fall if MSFT would be cut to size are shocked to see that MSFT from 110 to 64$ in span of one week did not derail the wall street fed economy, it is not wall street that feeds the economy it is the other way around, slower than expected GDP with lesser spending on durable goods and higher saving rates from lows of .2% ( which any way is not a right picture of US savings) has given in my opinion a new momentum to the market..

My picks of the day are RAZF...BCE..NT.CPTH ..CPWR CSCC have a good day .. and enjoy the markets..
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