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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (15330)12/7/1997 7:55:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Japan- Early signs of short covering in Japanese banking stocks- Korea bail out very positive- news all around over the weekend in east gives me confidence that Europe and US vital signs of growth will not be affected much with the crisis in ASEAN economies- my recommendation is still on SNE trading well above where I went long- Tokyo Electron another good company and I expect big 'bhumbo' ( this is the final extreminator for the short squeeze) big bhumbo rarely appears in my model- it is painful and appears seldomly- very rarely 'Bhumbo' appearance has also been a signal for reversal but the ratio has been 70/30, lets keep our figures cross like Nemer red dog 'my' once in couple of years 'bhumbo' is ready for a go.
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