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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (43531)	1/10/2003 3:30:05 AM
From: IQBAL LATIF	Read Replies (2) of 50167

My response to post(43531) and my take on markets.. Byron Wein and Abby both believe in this model, if 928 is taken out twice and we hold above that level for few days I see a retest of around 1092 area by march, the range would be 850 to 1192, reason leading to Iraq may be we see some pressure however soon after that when actual forces move in we may see a great rally. I have no doubts that long term money and SP earning yields are definitely co-related. If you check out historically we have never seen as positive SP yield ahead of the TB’s that may give some cause of happiness or ensuing rally that is building up..

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