Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (27876)	7/29/1999 12:43:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I am looking at the 'Yen' strength even after a number that may lead to interest rate hikes points only to one direction lot of money is going to Japan.. JPN would serve a proxy hedge for US markets it did the same in 1987, Japan went the other way. Today's number in Japan was one of the best we have seen for a while in Japan. The highest in 9 years.. and some stories are like trunaround where you will see great returns, for me first time after a long time Japan is looking like a normal market.

To: IQBAL LATIF who wrote (27876)	7/30/1999 12:11:00 AM
From: ynot	Respond to of 50167

Ike, IP currently carries a very large percentage of telcom traffic there is a whole cottage industry out there that acts as broker/wholesalers between competing telco's indeed the telco's use these folks until they can get the traffic up high enough and also figure out how to still maximize custome billings Nortel has new IP capable switches being released next quarter IDTC is a company that hurridly spun off NTOP before the market collapses and is taken by the major players ynot ;)

To: IQBAL LATIF who wrote (27876)	7/30/1999 11:17:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

NDX is leading this run today and watch out if this has to break the trailing point at which one should look at a short side trade is 2282 some points higher than my previous post... Look NDX if this is breaking everything else would if this is strong just ignore the noise. NDX first interim point to watch is 2294 next 2282.. People know that strong economy leads to strong corporate profits in leaders. 1362 in my opinion is the first resistance like 2320 on NDX if we fail their we go down and test yesterday lows otherwise today we will see a decent close, bears have a 'little spanners' in their work. Work with levels and not since you feel like, go behind the events and define them. The programmes never tell you why the dip came and why NDX is bid? 1348 was the point where the pits went long, and they would exit around 1359-61 area.. Enjoy a good day of emotionless trading. Ike