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


To: ALTERN8 who wrote (38637)4/11/2001 10:48:53 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
I don't think so, I am hearing big change of hearts in 'institutions' outlook, the economy is not dead, dead economies and dead companies do not come with 7.8b$ rev, before profits comes the rev, the market and the pundits had built in disasters, there are none. I have my stop at 1880 on Comp and 1162 on SPX, this is 1996 prices for MOT when you can see a company that has sunk 15 bn$ in R&D alone since than, I want to own this company. The short covering is about to start is has not yet began, OPM is all borrowed, the pain threshold is not very high and if we can take out htat area of 1182-1196 we are going to deal a super blow.