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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (9297)	9/10/1997 9:56:00 AM
From: Nemer	of 50167

Questions-- 1) a. No- Dow will not test low. b. No- Supports will not be taken out. c. Yes- Resistance will be pierced. 2) Do you think it is prudent to follow secondary stocks? a. Yes b. History shows that in the latter days of a mature bull market there is a slow down of the rise in large caps and an increase of the small caps. 3) Where are bonds heading?-broader bond direct the overall market ? a. 7% b. Bonds always move the stock market.--- in the recent past bonds have been causing the stock market to operate within a trading range, even though the range spans 500 DOW points. When the bond trend is more well extablished , the market will head up as long as Long Bond (30 yr) doesn't exceed 7.1 %. 4) Which single stock you think in Russel 2000 will perform the best? Have no opinion...win, lose, or draw----I mostly trade only on the NYSE and CBOE. This doesn't mean I ignore my answer to above question #2, however. For an investment in an equity to be in my portfolio, it will be on the auction market as opposed to Naz. Regards----Nemer

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