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


To: IQBAL LATIF who wrote (42576)5/14/2002 8:55:10 PM
From: J. P.  Read Replies (1) | Respond to of 50167
 
stockcharts.com[m,a]daclyyay[dc][pb50!b200][vc60][iUi14,3!Lh14,3]&pref=G

IMHO, still looks like an uptrend although it's pulling back. I see support at 75 and if that breaks, support at the 50 dma, perhaps ~70. If that breaks, then yes, it's broken.

I wouldn't short it unless it's for a trade. I'd actually look to go long at 75 if support held.



To: IQBAL LATIF who wrote (42576)5/15/2002 12:59:03 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Pakistan's most wanted sectarian terrorist and patron-in-chief of outlawed Lashkar-e-Jhangvi Riaz Basra and terrorist Shakeel alias Hamza were among four militants killed early Tuesday in a fierce gunbattle with residents and police at Kot Chaudhry Sher Muhammad Ghulvi, some 20 kilometres from Mailsi, police said.

Four rocket launchers and as many kalashnikovs among other heavy arms were recovered from the dead militants. Riding in a car (No 9520 DG Khan), the terrorists came at Kot Sher Muhammad Ghulvi at about 3am on Tuesday. They parked their car near the house of Chaudhry Fida Hussain Ghulvi, the district president of banned Tehrik-e-Jaffaria, and came out with arms.

As the people on the roofs in the village challenged them why they had come there, the terrorists started firing. The villagers and the house of Fida retaliated the fire. Vehari police chief Syed Javed Ali Shah and DSP Habib Ahmad Ghumman along with heavy police contingents reached the spot and joined the encounter with villagers. The terrorists tried to escape but were killed after an hour-long encounter.

The police brought the dead bodies to District Headquarters Hospital for autopsy. Multan DIG Chaudhry Iftikhar Ahmad Waraich also visited the spot. The two of the four terrorists were clean shaven while the other two were bearded.

"Riaz Basra was one of the four assailants and he is dead. The country is rid of the most dangerous terrorist," said Javed Shah. The inspector general of Punjab police also confirmed Basra's death.

Basra, who carried a head money of Rs five million, was founder of extremist group Lashkar-e-Jhangvi, which was outlawed in 2001 August. Javed said another dead militant had been identified as Shakeel Hamza, wanted in the murder of a senior police officer in Lahore. The two others remained unidentified. All the terrorists were from 30 to 35 years old.



To: IQBAL LATIF who wrote (42576)5/29/2002 1:23:47 AM
From: JEB  Read Replies (2) | Respond to of 50167
 
NDX seems sharper now (look how the volume has fallen) and XAU still on a rally (for obvious reasons).

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To:IQBAL LATIF who wrote (42461)
From: JEB Friday, Apr 26, 2002 10:31 PM
View Replies (1) | Respond to of 42782

Hi Ike,
I see the trend you are referring to in how it trades for the last several years. The latest rally seems different to me. Historically, the rallies are typically sharper and shorter than this latest rally. This is a steady rally (unusual for the XAU). The Consumer Confidence came in lower than expected (that will change again but is still worth noting). I really believe we are seeing a 1993 rally here but not to that level of a high.

I believe the consumer will want to own gold (just a portion for the security). I also believe the market will see wild times ahead but, in the long term (next 12-months), will do pretty good (not spectacular). I think the NDX will change roles with the XAU, in that it will now be the one that trades in sharp moves and the XAU will trade more evenly. The volume in the NDX will tell this tale.

I heard a report that 90% of US high school students who were polled said the best investment for today is US savings bonds (oh, ...man, ...have we "dumbed down" our youth?, ...or is this an example of their fear?).

Good trading,
JEB

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