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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (15190)12/2/1997 3:54:00 PM
From: Tom Trader  Read Replies (1) of 50167
 
Hi Iqbal -- hope that your visit to Pakistan is going well

>>Instead of 6200 now 8000 will bears care to post an apology for getting it all wrong? gggggg<<

Iqbal, I think that your exuberance is bordering on the irrational side again:)

>>Two absolutes now- SOX takes out 321 within next few sessions<<

Now you should have talked to Tom Kurlack before you posted this:)

Seriously though, I think that the semi-equips are showing signs of bottoming action--I was planning on taking some long positions after the tax-loss selling has abated--but despite my bullish bias, I'd really like to see the Asian markets stabilize and the currencies end their free-fall before I do so. I don't think the Asian melt-down is over and the next straw may be a currency crisis in China and that could unsettle things further. What I am not able to get a handle on is how much of an effect all of this would have on the US economy -- one hears that it will not be much, but there is something of a domino effect underway--and so the question is which will be the last domino to fall.

>>I will short the market at S&P .... more to come why to talk of short in a bright sunny weather<<

Now you had me worried, when I saw the first part of the above sentence--almost thought that someone else was posting under your name:)
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