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

To: Stoctrash who wrote (37383)	3/21/2001 4:13:07 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

The rally in Japan atelast settles one thing if we continue to stay above that 13000 mark now that we are seeing a well co-ordinated effort on the part of the global central banks to help the liquidity market out of this crisis by making available a lot ofl iquidity. lot of short positions on Nikkei will need to unravel if this is for real..

To: Stoctrash who wrote (37383)	3/21/2001 4:13:07 AM
From: IQBAL LATIF	Respond to of 50167

I think today session will decide the immediate direction to the big break below 1800 mark or a possibility of some short covering..Europe after gains in Japan has opened bad but lets see until US markets open.

To: Stoctrash who wrote (37383)	3/21/2001 4:16:36 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Thanks, you have been so right and I have been so wrong. Thanks for reminding. It is a painful process of adjustment and we will need to make it out of the market.Nikkei 900 point move and 'Japan is bed with FED' is m ore of concern now that is what I am exploiting, did you notice that, the futures were negative and I said if we break 12500 we shoot up that we did, so for me BRCM losses will be made up by htese markets, I am part of market I don't tend to cry on milk that is gone, I still think that BRCM stock will come out of these worries like PMCS. I never put more than one egg in one basket, so I can take that huge hit, in markets I am loosing and have the grace ot admit it very clearly..I once again reiterate my thanks for your highlight..I must have missed your post otherwise I would have taken some defensive action..