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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (13906)	11/10/1997 4:14:00 PM
From: Jerry Olson	Read Replies (2) of 50167

IKE I felt nothing was really going to happen till after AG... The market has a sideways to down feel right here... They downgraded AMAT, hence the bad look to the semis..The techs look sick!!! Judy shorting the OILS, too... A major report has come out by Jay Deahna of Morgan SDW... The next 2 quarters are going to be flat to down...But everything past mid next year into 99 looks very good... All bets are off if the banking system begins to unfold in certain countries in Asia...Bad loans and debt could be a serious negative.. Flight to quality in the bonds, and rates going lower... We need positive comments fom AG, but he could surprise here...It would not be out of the question...IMO...

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