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Politics : Idea Of The Day
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To: James Strauss who wrote (21593)11/23/1998 3:26:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
James- International markets are doing well, since $ weakeness we have been highlighting this issue that major benefactors of this weakenss would be ASEAN, nearly all the webs with exception of Malyasia and Indonesia are up from lows (the two exceptions due to exchange controls and much more percarious situation politically than the other peers in the region.. The small stocks in US will in my opinion also relatively do good, by March we will have this big move to reach its prime..

I would look at NDX performance very closely it needs to be trailed closely, I have highlighted the levels earlier, the kind of correction we have gone through it is more likely that we will see surprises it is not going to so easy cut and dry, my level to watch is 1158 as a support and 1180 as a resistance.. Take care.
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