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

To: JDinBaltimore who wrote (37375)	3/20/2001 8:25:10 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

<<It's something that I dont't look at on an hourly basis -ggg- Should have checked before I posted that comment, although It's probably just an aberation... ie where can we park money? Europen countries are now electing COMMUNIST LEADERS, Japan is on the brink of collapse>> Communist leaders have lost biggest in these local elections . Do you know that? Poland is knocking the door of EC so are other countries. Japan problems are not that big a country that runs a 'fx' current account surplus can support its banks, it is the problem of contagion when we have a problem to 'finance a flight or disaster of banking in a country' where we have 'severe shortages of current account in foreign currencies'.. I live in Europe, again you are making 'good, the bad and the ugly type' off the hip remarks....The makrets are doing well, I run a real estate company and we have 99% occupancy, our financial cost is dropping like anything, Japanese central bank and FED are in bed, if you can't read this by that twin action of cuts you must be litle naive.. I have to take care of my positions I will talk to you later.. bi bi . it will be a 24 hours day for me..I have to make up for my follies..enjoy..

To: JDinBaltimore who wrote (37375)	3/21/2001 4:29:57 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

<<Tuesday, Mar 20, 2001 7:00 PM , Japan is on the brink of collapse... >> Like a perfect love with you as you wrote these words, Japan came out with a mother of all rallies, that is a 900 point rally, is that how countries react to 'brink of collapse' the hedge funds have made life difficult before and they are behind it now, in LTCM and in ASEAN crisis and today's selling i see a lot fo similarities, this action today as I have last night informed you is a part of the concerted efort to trip these huge one way shorts..how far it can go I don't know but these are blind one way shorts.. Please keep writing about 'collapse's' we may get some respite here.