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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (26016)5/4/1999 10:58:00 PM
From: steve susko  Read Replies (1) of 50167
 
Hi Ike,

Well your supports on Nasdaq was breached and it sold off hard. Now that the Nasdaq has retraced 10% from its all time high, it seems logical for it to rebounce for immediate term before a real correction occur. Or do you think it could correct right from here?

Bond, also, I think, sold off ahead of itself and should rebounce. Do you see bond rate as the most important indicator, now that the earning reporting season is over.
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