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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (19452)	8/22/1998 7:45:00 AM
From: MonsieurGonzo	Read Replies (1) of 50167

Ike; RE:" IMF " Third world will not have IMF to bash for much longer, Ike - they are now down to their reserves... biz.yahoo.com search.news.yahoo.com What's your read on the DAX-30, Ike ? Traders are looking at ~5030 supports; the 200d EMA is ~4925; and my chart has fibonacci lines around the 4700-4750 area. I've got the EuroWEBS EWG supports around the UpTrend/fibonacci Lines at the 21 +/- 1/4 area. However, I started to add SAP to my core today at ~52; my next buy level is 48-1/4. LU looks interesting here; indeed, most of the Tech bellwethers... MSFT/SAP INTC/AMAT DELL/AAPL EMC CSCO/LU TAN/BBY are now being viewed as defensive stocks in this environment: The question of "exposure to Asia" has evolved to "exposure to currency devaluations". -Steve

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