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

To: Mr. Darcy who wrote (34976)	11/7/2000 5:53:37 AM
From: IQBAL LATIF	Respond to of 50167

Thanks for the message. CSCO earnings were great although the stock is down after hours but a cloud of uncertainity has lifted on NWX sector..

To: Mr. Darcy who wrote (34976)	11/7/2000 5:53:50 AM
From: IQBAL LATIF	Respond to of 50167

Most of the guys I know are carried away with 'day events' or even hourly events ALTR or WCOM warning will see them predicting 2200 on Comp, as if every one seems to be a day trader, that is what SI is pre-dominantly is all about.. Some have great ideas at a right price and i never really understood that if you can make money out of hte markets why you need some extra buck on a thread that was originally supose to be a philinthropic discourse or what I some time call a our 'mental masturbation'. Naturally the urge to make bigger money through advice leads to more sensationalism, that is death of idea as 'greed and self interest' takes over sincerity and honesty of purpose. Like tipsters in the racing business the whole idea of making money out of advice is rperehensible. In this climate where 'cartels of self interest' are created by some to push stock, an oasis of calm and saner voice is this little thread of ours what we call Idea. Very ordinary, very basic full of structural errors, the way I like it for simpe reason not to give exagerated sense of correctness to our free flow of Ideas.. 'let this darn thing flow' is my motto of the day.. just come talk about things open and nice, and just move on.. let the people decide on merits of one's arguments, send them to dustbin or make them working that is what a thread is suppose to be. You will find here our views albeit very 'ideologically loaded on the right or left' very different from norm, I was against Clinton impeachment on that moral depravity charges, however on the economics I have my leanings towards free market economy and the new mantra of 'conservative policy with a compassionate heart'. However, I think hardwork is the key to get out of poverty, some helping hand in shape of affirmative action but that should not become the way of life, 'give them tool to become wealthy' education and basic health with equal opportunity but that requires responsible parenthood and family structures, it is all about good governance at hte level of government and good response through good domestic governance at the domestic individual level, it is all about responsibility and rights. We look at markets from a angle where we like to see limitations of government to spend and try to help grow opinion that may lead to curtailment of urge of taxing.. tax and spend always led to boom and bust, it ws tax and psend that led to bouts of inflationary pressures that could only be cured by huge rise of interest rates. In this last few decades look at hte interest rate cycles making lower highs in Carter era we saw short term interest rates as high as 15-18% since than the rates have been falling, making lower highs, that is what I call as soft landing, we are already in one but our friends at SI due to short term analysis span and limited scope of vision, one needs to encompass a broader script to analyse market direction and economy, that sounds strnage but that is what Idea does best for our regulars.. Welcome on board, either you will be a part of us or leave us soon bored like so many have.. it is I accept too boring and superflous ..ggg