SI
SI
discoversearch

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 (30347)1/5/2000 6:53:00 AM
From: JDinBaltimore  Read Replies (2) | Respond to of 50167
 
Dear Master Iqbal,

Of all you have taught last year, the most IMPORTANT - Have NO emotion to either side of the market! As you come into 2000 and played like a grand piano yesterday! BRAVO! Very nice.

Best
John



To: IQBAL LATIF who wrote (30347)1/6/2000 9:43:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
On signs of trouble and a opinion I respect..

<<If, indeed, the market is bottoming here, I would expect to see a retest of yesterday's lows rather than a penetration. But, considering where we've been, the greater probability is an overall bearish resolution with the noted exception of individual stocks that are attracting buying interest. It's simply hard to imagine the stock market making substantial upside progress when the bond market continues its recent slide. True, interest rates are low by historical standards, but the upward pressure on rates will discourage or restrict some economic activity. It is interesting to note that this rise in rates has for the most part been outside the purview of Alan Greenspan. The bond market began its slide in October, 1998 and, if anything, has influenced the Fed more than the Fed has influenced it! The marketplace is negative on interest rates! If the market is truly bottoming here, we should begin to see positive breadth accompanied by an increase in upside volume. >>