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Politics : Idea Of The Day

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To: myonus who wrote (18957)7/16/1998 11:26:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
To be honest I don't have any special exotic stuff-- I just look at chart and it starts speaking when every else think it is a sell I am coming up with a buy-- I look for fundamentals- I look at things the way it will affect the markets- I go against CNBC or Kurlack because I know they are missing a lot of stuff which I look on every day basis. On macros economic indicators I am one of the few people who called that next interest rate move will be down not up-- I do make comparisons like you saw GNP growth something growing at 3% cannot be compared with a global growth of 30%- these are minor issues I keep it simple and that is how I get signals which help me and my friends somewhat. I am a directional trader it is about direction of the market when I pointed out TXN and INTC nearly on 8th July as money coming in the stocks were going down but I noticed that big money is finding shelter in these stocks, it is these simple things which I co-relate with my global indexes that helps me. Just follow and look for things that others are missing. I really want to share everything I wish I could be more explicit but the bottom line is look at everything before you leap.
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