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

To: IQBAL LATIF who wrote (31449)	5/15/2000 9:16:00 PM
From: Oak Tree	Read Replies (1) \| Respond to of 50167

I hope you are wrong about the sell off.

To: IQBAL LATIF who wrote (31449)	5/16/2000 3:31:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

On 15th I wrote about my ideal scenerio that was.. <<Ideally I would like an line CPI and a .5% hike, a sell off and a huge rally, that is my road map but today we closed the gap on IIX... that I expected to do after CPI and hike however I would like a CPI on line the worst would be a higher CPI and .25% hike that will leave us to with this inaction between 3000 IIX or even 2800 where this market is a buy and 3780 where it may fail, until new set of numbers set the trend. >> The IIX gap was closed I thought some guys would try to trap some shorts below 1432 but that did not materialise however all said and done we got to what was suppose to be an ideal combination an aggressive stance by Fed and 9.5% rate on what ordinary people are affected by will curtail dmeand as we have seen already in numbers, good basis, good 25 days break on IIX and DOT , those who want to be further sure can wait another two closes one today if we get it right the second tommorow, post that day I think we go to higher levels...as I had indicated earlier in my NAZ objectives..