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Politics : Idea Of The Day

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To: Lee who wrote (19771)	9/1/1998 4:12:00 PM
From: IQBAL LATIF	Read Replies (2) of 50167

Merill lady got her way-- they wanted a better entry point-- they got nothing today, I wish we could have gone above that proverbial level of 1000 on S&P-- it did go their but was not able to stay up, anyway Merill lady and Abby Cohen has a show here, Abby has increased her exposure to 72% Merill thinks we are going to see new lows, we are Abby Cohen crowd-- increasing our portfolio exposure to 75%, bonds for me are a biggest short my portfolio right now will explode if bonds break and break will come soon-- Dec contract--as you advised and I reiterate..

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