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Politics : Idea Of The Day

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To: Jerry Olson who wrote (36387)1/16/2001 9:14:15 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
I agree with you, I do the same what you do may be with little higher intensity but I plough back in averaging of the holding like I have this TXN and others, even I am sure that NOK will beat the first call 81 cents, I am looking at various situations and will act accordingly, I think FED would cut only .5% if we break the old low, if we rally forget about .5%, I know one thing that they would notl ike assets to fall steeply they would only cut if the markets break that 1247 low..if we move up FED will wait further, it has to earnigns the determine the direction from here and not the Fed, if its Fed based breakout I will sell into rallies, if it is earnings based breakout from 1345 onwards I will buy..
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