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To: IQBAL LATIF who wrote (27845)7/28/1999 12:31:00 PM
From: Michael Watkins  Respond to of 50167
 
Ike,

Thanks for your most comprehensive reply to my little question. Two steps forward, one step back - a great analogy to what we've been seeing.

I must admit that I've been preoccupied with bond rates, the dollar and the Fed - in hindsight given my personality is geared to short term trading, I've been overly cautious to a "T".

While I don't think caution is neccessarily wrong, I need to ensure caution does not prevent my own progress. I appreciate and envy your particular unemotional brand of analysis.

Late to the market this morning and need to gather my bearings and move on.

Kind regards,
Mike