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


To: The IB Dude who wrote (37355)3/20/2001 12:24:11 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
What AG will do is not important anymore what he will say is most important, in my opinion FED bias will be to declare a policy of easing if market conditions require and a possible statement from now (to depend on market reaction) that may call for end 'irrational pessimism'this may be just opposite ot that famous 'irrational exuberent' statement, that helped markets go forward after initial decline, the new AG statement may help us through the April when corporates have their 'show the money parade', nothing but earnings and Phillip's PHG like statements will help the market, the P/E's are right, the PEG growth is being adjusted, if we get this growth in the region of 20% in technology and we can have FED helping at 'increased productivity expense' by the US corporate sector, we may see things far better. FED has every reason not to encourage a MELTDOWN THAT MAY TAKE MARKET DOWN FROM MAJOR REDEMTIONS FROM JAPAN, if Japan has helped the FED by reducing the rates to zero, FED should help the Japanese to stop a fear based meltdown in which Japanese may have to sell big..fwiw



To: The IB Dude who wrote (37355)3/23/2001 3:28:29 AM
From: IQBAL LATIF  Respond to of 50167
 
Zain..<<Mar 20, 2001 7:35 AM

On 'Semis' , you wrote to me <<Only short below 540 two days close, to 480 and reverse on test>>
Please have a look at the 'global news' on semis today.I don't think that I see any big problems but I will keep a close eye. I am closely looking at Rambus, I expect them to win the case.
>>

I think Zain, if you look back we had one hell of a point marked for that SOx break, RMBS was nice pick, but now we need to move on the momentum needs to come on..however greeat call, such are bear markets made of and this is hte kind of thing i repeatedly told you that numbers may come to our rescue, the fundamental read is the read of the markets, you are pre-positioned with some pain but are part of it when the tide turns..