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

To: IQBAL LATIF who wrote (37281)	3/16/2001 9:19:21 AM
From: IQBAL LATIF	Respond to of 50167

Initial weakness and a testr of yesterday close and hopefully a rally to 1280 resistance.. if we break the 1286 mark I expect to close above 1298..rallies will be sold into but the case of bears weakens every passing moment, they need bad news every day, today may not be that bad..

To: IQBAL LATIF who wrote (37281)	3/16/2001 9:20:51 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

PPI is tame and core rate is down to -.3 instead of +.1 expected. So another truth is unfolding we don't have inflation neither recession as housing starts are good and no stagflation as we have no inflation and rising unemployment, the bear case is being unravelled step by step, GE NOK EXTR PPI will all help to unravel thsi huge mystery of US economy going into tailspin.. thati s hwat we are doing here, exposing the shallowness of the 'presently established wisdom of wall street gurus'..a very small thread taking on a big huge independent line that no else has the guts or the courage to take..because we ar no herd of sheeps..being led by CNBC..or short sellers...

To: IQBAL LATIF who wrote (37281)	3/16/2001 9:23:42 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Yes Ike i know your not a daytrader..and your also not the masses either...your a fund manager an investor of some great credibility.. the mass public is NOT doing what your doing..they have no clue my friend.. and i am not telling people to become daytraders...thats for them to decide...it saved my life i can tell you that much... so while you and your solid knowledge and montary backup can do those things to average down or what have you..others do not have that luxury... i do not advocate averaging down..it could be suicide... i say use solid trailing stops and get out of the way of falling knives... i am waiting, being patient to invest..when the semi cycle turns up i'll put money to work long term..till then i will daytrade each and everyday..sleep at night..and take my sweetie out to dinner with out worrying about tomarrow<G>