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Politics : Idea Of The Day

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To: j g cordes who wrote (7530)8/22/1997 8:37:00 AM
From: IQBAL LATIF   of 50167
 
DearJim- Lucky for me you wrote and I thought to clear this up- I wrote my infamous post 7161 on 21st morning to let every one beware of impending dangers- I think you have missed that post the first post highlighting the impending danger of bonds failure to break 114,16 inspite of tech and Dow rally - I have been informed that since then issue of Bonds were raised but not until than- you perfectly are aware of what I mean! I am also informed that you had some valid misgivings about my timing but unfortunately you didn't visit us hence sometime missed strategic posts.

Yesterday SOXx heldup very well but I think if you have read my post Why markets are jittery? You will realise that we are in a bad configuration- I will like SOXx to test my levels of 367 and come out with flying colours to legitimise the run from 300 to 404? I will also like bonds not to break 112,01 for me to feel that lows of 7615 will only if be tested briefly. Thanks for your comprehension and support. Bi
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