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


To: LABMAN who wrote (36525)1/29/2001 9:02:31 AM
From: IQBAL LATIF  Respond to of 50167
 
<<the economy is weakening very fast, look at daimler annoucement this morning,
greenspan is behind the curve, >>

The whole idea of a soft lending has credance due to the nature of the yield curve, in the differential between the 10 year and the short term lies the 'nirvaan land', what looks to be a hard landing can in may be called a soft landing due ot very nature of the curve, a .5 cut and another in the offing will do lot of positive but as I say those numbers need to be assisted by some good news on earning front. I see that you missed my point on the built in nature of bad news in the market for next two quarters, if we see the cuts coming through by end of may we may see this level holds well through the next 3 months.. I would
like to see some covered calls positions if I see some rally around 3028 mark in case i fail there I will get some covered call prem and invest in some puts butl et the marekt show me direction from here let it break this 1342 and 1328 levels..