To: Getcher who wrote (34726 ) 10/16/2000 10:18:06 AM From: IQBAL LATIF Read Replies (3) | Respond to of 50167 <<Your long term outlook on the markets based upon liquidity is clear ... has >> The liquidity I referred to from a source was M2, longterm market view is based on tremendous amount of progress we see all around and my premises that peace will take and co-habitation is an integral part of this development process, I see no reason that forces of darkness and extremism may shut this process, slow yes but we are on track. It is only after shocks sometime that glimmer of hope emerges.. that is my expectations..It is for this I am able to post 1329 type of levels, the reason being that I think of market trading between levels and running of these levels is the art we exchange here, my focus remains with all my flirtations with elements that sometime some may think do not belong here are highlighted. The day I would lose hope I will not be in markets. The markets without basic parameters of 'optimism' should trade between 450-550 on SPX.. It is only hope and expectations of global recovery strong enough to help root out 'misery hunger war and absolute wretched poverty' and make few more Gates a phenomenon I term 'from ridiculous to sublime' that helps market to bounce off 1329.. <<I cannot see anything but escalation on the horizon>> I see exactly the opposite, it is nice to see that serious issues are properly addressed by the global leaders with the concern and merit these issues deserve. Within few days of escalation the entire world leadership is now in Sharmulshiekh to answer the concerns, that is what we were missing in a world where we saw pin drop silence in Europe as millions were annihilated, we have learnt from our mistakes from our errors and hope that we move forward that is the only way. We will need to rise above our prochial mentality and think as global citizens, that is what we are, I see it happening at a very fast pace, I see clergy losing its dignity and respect when the send young kids in the name of 'holy war'. The future belong to 'optimists' and I will rather be one, if pessimism succeeds I will have nothing but my 'hope' to lose, I live with this ray of hope, my day passes much better.