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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (17321)3/9/1998 1:38:00 AM
From: Getcher  Read Replies (3) of 50167
 
Very Interesting Week last week!!!

What is in store for us now?

Intel bounces their good earnings name and the market, expectantly so, takes a turn for the worse. A more than minor recovery ensues in quick time ... not just the dead cat bounce everyone anticipated, but a return that held. Some strong jobs numbers hit us and we're off to the races. I am sitting here looking at next week thinking that the guy at the race track forgot to check most of the people's tickets!! What I mean is, there is no way the effects of INTC and MOT warning can live the way we are living right now, unless you can tell me straight-faced that this was priced into the market. I have an APR SOX 315 Call, so it is clear to see that I hope for the continued return, but my brain is having a very tough time understanding this.

Ike, I am looking forward to your directional comments.

Getcher
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