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Politics : Idea Of The Day

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To: James Strauss who wrote (40131)	7/6/2001 1:01:10 PM
From: IQBAL LATIF	Read Replies (1) of 50167

Employment report has raised man new issues, one being the ferocity of slow down, I have no doubt in my mind that this April held 1211 area break is very serious breach that may lead to test of 1150 area, however I will play the markets everyday I watch them every two hours and I keep my hate and my love out of these markets. On balance the ferocity of the recession is little blown out of proportion. I am very actively engaged in maintaining the nimblest of positions and I think that one needs to look at this for trading purposes on daily basis. Right now it looks ugly with a break of 1211 area support but I will not leave my protective positions overnight. Until I get 2 days confirmation.

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