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


To: IQBAL LATIF who wrote (41147)10/21/2001 5:25:22 PM
From: Condor  Respond to of 50167
 
Oooohh...be still my beating heart. Wouldn't that be wonderful. With interest rates in the hole, it would restore enthusiasm to pensioners who rely on investments for their income.
More importantly, as you suggest, the resurrection of the markets would signal perceived success against the terrorists and presumably a degree of global stability.
Regards
Richard



To: IQBAL LATIF who wrote (41147)10/21/2001 7:09:42 PM
From: BubbaFred  Read Replies (1) | Respond to of 50167
 
What will be subsequent to the euphoria? Will the equity market rally, by itself, be enough to fuel the economic recovery? At that time, say in the first or second quarter of 2002, worldwide economy will still be in down cycle, at very sluggish growth rate, waiting for American and European consumers to go on spending spree. But there is a limit on how much American consumers will be able to spend without getting deeper into debt. Will there be enough job creations to offset the job layoffs?

OPEC's decision to reduce output and maintain price level may not help fuel economic recovery. However, if the US decides to construct additional nuclear power plants to become less dependent on foreign supply, then OPEC crude oil will likely drop like a rock.



To: IQBAL LATIF who wrote (41147)12/6/2001 7:00:05 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Revisiting the market- terrorists quantifiable relationship check.

On 21st Oct I made that nice little post quantifying O&O and market direction, to develop those kind of relationships needs a true maverick, today by chance I stumbled on that nice little post addressed to Condor. DOW was around 9200 than and NASDAQ 1700..Although Kabul had fallen by 17th Nov, and Talebin for all practical purposes had lost Afghanistan I wanted to see what happened to quantifying relationships O&O..

<Sunday, Oct 21, 2001 5:16 PM
View Replies (2) | Respond to of 41899

<Markets coming alive anytime soon?>
Markets will not go anywhere until this is resolved, here we are talking about confidence and for confidence to be restored Omar and Osama have to go out, no caves in AFGHANISTAN ARE DEEP ENOUGH to swallow them.

Quantifying these people Omar, will be worth 200 points on DOW Osama 800-1000, the entire lot worth DOW 1500 give and take few, I think we are looking at the whole bunch being taken out, swiftly the entire brigade 55..that is worth a 1500 point rally on DOW and 200-250 on Naz, I think that may be before 17th if US will see them off. >

DOW today is 10100, a 900 point run with Omar-Osama practically dead in water but not yeyt iped out clean and 55 brigade still fighting around Tora Bora ( the prediction relating to whole bunch was 1500 points on DOW), now I have another 600 points to go as O&O are caught or eradicated on DOW. On Nasdaq we already have seen a 350 point move from that level on 20th Oct, I would like to see as Tora bora falls in next few days the full impact of that may be felt on DOW, I WILL LIKE IDEALLY TO SEE THAT 1500 POINT MOVE TAKING US TO THAT 1218-1230 LEVEL ON SPX OR DOW 10600-750.

I still think brigade 55 has not been taken out, as such my call of 1500 point move is unfulfilled, I have still 600 points to go as 55 is vanquished. I will like to lighten up on bonds; the stronger NAPM lower claims and elimination of terror may do some wonders to global economy as confidence is restored. Looking back and comparing notes with what others on global media were writing, Idea was an oasis of stability and cool headedness, moreover nice to see that sensibilities prevailed in heat of moment.
Even with worst of our political involvement we did not lose the sight of big picture. Analysis in nut shell is all about our ability to see and look at things without prejudices and short-sightedness of global media that has its own agendas.