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

To: IQBAL LATIF who wrote (42447)	4/26/2002 11:07:25 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

1080 will hold, higher GDP plus low consumer sentiment selling is unsustainable, one is a interest hike friendly number other is interest stable number, the present selling is more of 'test 1080 plus minus 4' support kind of selling, I think we will see unchanged today, I think my 'by Wednesday forecast' of seeing a restest of 1128 remains intact..stronger GDP's will ease a lot of pain for a lot of companies.. <After limping through the last six quarters, gross domestic product -- the broadest measure of the economy's health -- posted its strongest showing since the final quarter of 1999, the Commerce Department reported Friday. The latest GDP report reinforced the view that the country not only emerged from a recession that began in March 2001 but that the downturn will probably go down as the mildest in U.S. history>