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Politics : Idea Of The Day

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To: SE who wrote (19232)8/10/1998 4:41:00 PM
From: IQBAL LATIF  Read Replies (2) of 50167
 
1080 remains the target.
SE- I don't trade minis, but it must follow the big brother. If most of the big guys are out the resulting trading in minis will also be listless. SPX and SPU cannot be charted but within a bull trend it will not deviate from what it has been doing under similar fears during the course of this bull trend.

I search for specific info on what I call as 'windows of macro-similarities' in these windows of macro- similarities within a bull trend the macro-fears are identical. Now to be specific think pre-Oct the relevance of pre- Oct SPX/SPU with now is that we have similar global configuration albeit at much lower levels the Yen is far more weaker, now for me to trace the fundamentals that will affect the move I try to find what was NAPM , how has ECI performed, how is consumer confidence doing, what is happening to Marshalian K, how are commodity prices doing and what has been the trend of revenues not profits the percentage increase in top line. Information like this alongwith a global view forms the strategy which has so far helped me to my satisfaction.

My intention is to make this common simple knowledge accessible as a common tool to every one, I hope hundreds and thousands of very special individuals ( I prefer if third world individuals may also start trading) may learn these banal tricks and my thread may emerge as a thread at the Center of `excellence and top class information'. I try to do my best with my limitations of time and command of language, but I try my best.

This is only a little wish- so help me God. I take my thread pretty serious like I was in a meeting today but since I promised few people that I will try to post on opening I made a long distance call to Kuwait and dictated a memo after I finished with Chicago, the real `distances' will die when I will continue this from my home country Pakistan from Nov. Telling someone in Chicago what the pits are thinking
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