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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (20328)9/11/1998 6:24:00 PM
From: IQBAL LATIF  Read Replies (3) of 50167
 
How a trader mind should work- by 1.10 I was writing the following--posted soon afterwards 1.20 PM-- my strategy was with me and I had pegged a level of 1009 -only knowing by the Presidential rebuttal- it would interesting to see what was happening on SI-- by 1.40 rally started and markets were not sure why did it come and from where it came- this is the difference when a trader sees a event, he goes for a rational analysis and this was the day to get the best out of it.. it is this reason I don't get carried away with noise, markets are not like changing seasons, one needs a solid approach and that is the only way to keep ahead of the crowd, know your stuff and tear it apart...
Friday, Sep 11 1998 1:20PM ET
Reply # of 20356

OJ-- I don't think that other than sordid details of sexual misconduct they have anything else in Starr report, I think Starr is unable to nail him down on financial misconduct in absence of that 'white water' indictment, this market will move up like a rocket... What I can make off so far there is nothing to the affect of white water otherwise should have been reported in this White House 17 point rebuttal rather I am surprised that they challenged Starr that where is the 'white water' case for which you were appointed? Very strong statement and this is how it will be judged by American public- Lets watch..Above 1009 is a strong buy for me-- that is what I am going to do- we may have some movement but we are moving higher...Primikov is appointed and that is going to be atleast one good news..


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